The value of the Naira rose to the highest level in nearly four months at the Nigeria Foreign Exchange Market (NEFM) selling ...

The Naira continued its downward trend this week and currently trades at N1,555/$1 on the parallel market on Wednesday, according to ...

Analysts at Optimum Global have projected that the naira will trade between N1,500 and N1,600 in the second half of ...

Financial experts and analysts have disclosed that the naira may depreciate to N1,700 per dollar in the second quarter of ...

Nigeria, Africa’s largest economy and most populous nation, is richly endowed with human capital and abundant natural ...

The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now account for 24% of profit before tax.

NIGERIA’s average daily crude oil output in June slightly exceeded the Organisation of Petroleum Exporting Countries (OPEC) ...

Citing the anticipated surpluses on the country’s trade and current transfers accounts, FBNQuest Research analysts have predicted that Nigeria will likely continue to sustain its current account ...

In 2023, under a new administration and the leadership of CBN Governor Olayemi Cardoso, the foreign exchange market was ...

Nigeria officially has a three-tier governance system. However, this seems like it’s on paper. In reality, Nigeria is a de facto two-level administrative system. That is federal and state. The tripod ...

Nigeria’s former president, Muhammadu Buhari, who died in London on 13 July aged 82, was one of two former military heads of state who were later elected as civilian presidents. Buhari was the ...

The Central Bank of Nigeria (CBN) has embarked on a recapitalisation drive for banks and Bureau De Change (BDC) operators, ...