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...
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...