Africa’s largest economy is expected to devalue its currency after elections in February by the steepest margin in six years...
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, and Peter Obi of Labour Party have said they will...
Fitch Ratings, the global credit ratings agency, said Tuesday that “things are going to get worse next year” for Nigerian...
Nigeria’s headline inflation rate rose for the ninth consecutive month to 21.09 percent in October 2022 from 20.77 percent in...
The naira depreciated against the dollar on Monday after gaining 26.24 percent last week at the parallel market. The local...
Vice-President Yemi Osinbajo, on Monday, raised a fresh concern over how Nigeria manages its foreign-exchange market and may have stirred...
The Central Bank of Nigeria (CBN) has announced that its doors across the 36 states of the country are open...
Salaries and wages in Africa’s biggest economy grew in the second quarter of 2022 at the slowest pace since Q3...
Many micro, small and medium enterprises as well as retail traders are reviewing the prices of their products or temporarily...
The naira gained 26.24 percent against the dollar in the parallel market last week, despite the decline in the country’s...
Financial risks, including currency depreciation and inflation, is topping the list of challenges facing the 54 African economies in the...
Another global credit rating agency, Fitch Ratings, has downgraded Nigeria’s long-term foreign-currency issuer default rating (IDR). Moody’s Investors Service had...
Naira on Thursday gained 21.50 percent against the dollar in four days, after it lost 36.52 percent of its value...
Peter Mbah, Enugu State governorship flag-bearer of the People’s Democratic Party (PDP), has said he will establish special agro-allied processing...
On Thursday, the Kogi State Government and China set the stage for the expansion of business relations, especially as the...