The Central Bank of Nigeria (CBN) has announced the launch of two new account types targeted at Nigerians in the Diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident ...

The Central Bank of Nigeria (CBN) has announced the launch of two specialised accounts, the Non-Resident Nigerian Ordinary ...

The court forbids all banks from dealing in all monies and assets belonging to Mr Obaigbena and General Hydrocarbons Limited.

The Naira on Friday depreciated to N1,665 per dollar in the parallel market from N1,645 per dollar on Thursday.

The naira traded flat in the official electronic foreign exchange market (EFEMS) on Thursday, January 9, 2024, and ...

ShareThe naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...

Share…decry N13.8trn deficit, N15.81trn debt service President Bola Tinubu, last week, presented to the National Assembly his ...

“The rebound of the naira and the easing of energy costs could provide much-needed relief to the inflation trajectory,” he said. Additionally, the base effect of elevated inflation in 2024 could make ...

The Nigerian naira weakened further to N1,541.36/$ on the first trading day of the New Year, reflecting a 0.36 percent ...

The currency rate between the naira and the dollar closed the year at N1,535/$1, reflecting a 40.9% loss in 2024. In 2023, the official naira-to-dollar exchange rate ended the year at N907.11/$1, ...