The central parity rate of the Chinese currency renminbi, or yuan, strengthened 88 pips to 7.1201 against the dollar on Monday, according to the China Foreign...
Nigeria’s inflation rate rose not less than 67 times since June 2014, according to findings by The PUNCH. Analysis of the Inflation Rate data provided by...
Following the deregulation of the downstream petroleum industry, the Federal Government has begun the process of closing down the Petroleum Equalization Fund. The move, it was...
The Central Bank of Nigeria (CBN), last night issued further guidelines directing those seeking foreign exchange for Medical, school fees and Basic Travel Allowance to source...
Oil marketers have intensified efforts to import petrol into the country, following the liberalisation of foreign exchange rates by the Central Bank of Nigeria, CBN. The...
The total assets of leading deposit money banks operating in Nigeria rose to N87.25 trillion in the first quarter ended March 31, 2023, up by 17.8...
Investment analysts have predicted that headline inflation rate will rise above 23 percent on account of recent government policies including removal of fuel subsidy and naira...
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...