Aliko Dangote and Abdulsamad Rabiu, Nigerian billionaires listed among the 500 richest men in the world, have lost a combined $5.85 billion, according to the Bloomberg...
Experts have differed on the recent liberalisation of the foreign exchange (forex) market by the Central Bank of Nigeria (CBN). The CBN had two days ago...
The Naira yesterday lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to...
Nigeria’s transportation industry will soon begin to see relief after the federal government’s petrol subsidy removal spiked exponential rise in the price of the product across...
There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange rate in the Investors & Exporters...
The Federal Government, on Tuesday, issued and signed licences for the establishment of two crude oil export terminals, capable of generating $11bn revenue annually for the...
A human rights organisation, under the aegis of George Uboh Whistleblowers Network, on Monday advised President Bola Tinubu to direct law enforcement agencies to collaborate with...
The Federal Government spent 85.37 per cent of its revenue servicing debt in February, according to The PUNCH. The Central Bank of Nigeria, in its monthly...
A financial expert, Mr. Okechukwu Unegbu, has commended President Bola Tinubu for his choice of Folashodun Shonubi as acting Governor of the Central Bank of Nigeria....
The Securities and Exchange Commission has declared the activities of Binance illegal in Nigeria. This is according to a published circular on the commission’s website dated...