Agora Policy, an Abuja-based think tank, says Nigeria faces risks of low  foreign exchange (FX) inflows and higher inflation ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

The Naira has appreciated further against the Dollar at the parallel foreign exchange market. This comes as the Naira ...

The Managing Director/CEO, Neimeth International Pharmaceuticals, Valentine Okelu, at a media parley in Lagos disclosed that ...

The prevalence of fraudulent activities in Nigeria’s banking sector is deeply rooted in warped societal values. Consequently, ...

A coalition of civil society organisations has demanded the exoneration of Ken Saro-Wiwa and eight other Ogoni ...