Tag: Nigerian economy

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and ...

A recent report has projected that the Dangote Oil Refinery will significantly increase Nigeria's Gross Domestic Product (GDP), raising it ...

Nigeria's naira surged by 4.8% against the US dollar, marking its largest gain in nearly two months after the country's ...

Nigeria’s trade surplus surged to N6.95 trillion in the second quarter of 2024, a notable 6.60% increase from the N6.52 ...

The Central Bank of Nigeria (CBN) is preparing to adjust the customs exchange rate used for clearing goods at the ...

The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point ...

The Nigerian naira made a notable recovery in the official market on Wednesday, August 21, 2024, after a sharp depreciation ...

In a notable development on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, the naira appreciated to N1,570/$1 on Thursday, ...

In the first quarter of 2024, Nigerians spent $38.17 million on foreign education, representing an 83% decrease from the $218.87 ...

The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This ...