Nigeria’s Customs Service has hit the pause button on a new fee that would have made importing goods more expensive....
The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s plan to adopt an inflation...
Inflation in Nigeria is expected to experience a significant decline in 2025, driven by a combination of factors, such as...
…Deplete by $1.38bn year-to-date to $39.497bn Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as...
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central Bank...
Interest rate movements and investors expectations have generated opportunities for the money market fund instruments. The hawkish stance maintained by...
Nigeria’s one-year Treasury bill auction saw a record high subscription of N3.15 trillion as foreign investors and liquid local investors...
The average income per person in Nigeria has yet again reduced to $835.49 in 2025, further shrinking the living standards...
Importing goods into Nigeria is about to get more expensive, as the Nigeria Customs Service has imposed a four percent...
President Bola Tinubu on Wednesday wrote to the National Assembly requesting an increase in the 2025 budget from N49.7 trillion...
Donald Trump’s tariffs are expected to test the naira rebound as the United States’ president flexes muscles with trade partners....
…As CBN mandates $25,000 BDC’s weekly purchase from authorised dealers The gap between the official foreign exchange (FX) and the...
The naira on Wednesday appreciated to N1,590 per dollar, crossing the N1,600 psychological point in the black market. Compared with...
Nigeria’s plans to rebase its economy could potentially see its rising debt as a share of gross domestic product (GDP)...
The Federal Government has announced plans to issue bonds worth N758bn to settle outstanding pension debts. This was revealed by...