BusinessDay
The Central Bank of Nigeria (CBN) on Friday released its June 2025 Purchasing Managers Index (PMI) report, indicating that economic...
The naira recorded a gain of N90 or 5.7% in the black market and 0.8% in the official foreign exchange...
The naira on Wednesday surged to a four-month high of N1,526.15 per dollar in the official foreign exchange (FX) market,...
Despite the rapid rise of mobile phones and fintech innovations across Africa, over 400 million people on the continent remain...
Wale Edun, the minister of finance and coordinating minister of the economy, on Wednesday welcomed the release of the International...
The naira appreciated against the dollar across the foreign exchange (FX) markets on Tuesday, the first trading day of July...
Africa and the Caribbean are exploring the development of a digital currency to deepen trade ties between the two regions....
Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card. ...
Foreign Portfolio Investors (FPIs) have dominated foreign exchange (FX) inflows in the past six weeks, overtaking exporters, non-bank corporates, and...
Rising FX inflows occasioned by the policies of the Central Bank of Nigeria (CBN) have supported exchange rate stability and...