…The Economist projects further decline in 2024 Nigeria’s debt service-to-revenue ratio dropped to the lowest in four years for the...
… Banks’ future FX gains at risk The new foreign exchange (FX) rule released on Wednesday by the Central Bank...
Nigeria’s central bank announced limits on how much banks can hold in foreign currencies on Wednesday and expressed concern about...
Dele Alake, minister of solid minerals Development, has said the consent of host communities remains a prerequisite for obtaining mining...
Global headline inflation is expected to fall from an estimated 6.8 percent in 2023 (annual average) to 5.8 percent in...
…N4,000/USD in sight Nigerians from all walks of life are afraid that the storm currently blowing at every corner of...
Nigerians have continued to decry the low purchasing power of the naira, especially as it could barely afford them the...
The naira has been in a race to the bottom at both the official and unofficial foreign exchange markets since...
Nigeria’s currency is teetering towards a record-low of N1,500 against the US dollar in the face of a severe dollar...
…experts profer ways CBN can deal decisively with FX backlog The foreign exchange market seems to hold promises from the...
Nigeria’s central bank said it plans to clear a foreign-exchange backlog estimated at about $5 billion within a short space...
The naira has extended its slide against the United States dollar despite the clearing of about $3.82 billion of foreign...
Nigeria is among the top five countries with the highest growth in minimum net monthly wage within a year, the...
The national currency of Africa’s most populous nation is in free fall with forecasts for the future even more frightening....
The Bank of Ghana cut its benchmark interest rate for the first time since 2021, based on its outlook for...