Tag: Nigerian economy

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 ...

The Central Bank of Nigeria (CBN) may persist with its stringent monetary policies if inflation rates continue to climb, according ...

The Dangote Group has announced an ambitious target to generate $30 billion in revenue by 2025, aiming to become Nigeria’s ...

The Nigerian naira experienced a significant drop against the US dollar in both the official and parallel markets on Thursday, ...

The Nigerian naira has suffered another setback against the US dollar, both in the official and unofficial foreign exchange markets. ...

The Central Bank of Nigeria (CBN) has recorded a significant increase in direct remittances, with an additional $172 million reported ...

Nigeria’s corporate landscape witnessed a notable decline in Company Income Tax (CIT) payments across various sectors during the first quarter ...

Nigerians are experiencing increased spending with diminished returns as inflation has wiped out approximately N7.61 trillion from consumer expenditure in ...