The Naira witnessed a depreciation against the US Dollar on Thursday, even as the Economic and Financial Crimes Commission (EFCC) conducted raids on Bureau De Change...
In a public lecture organized by the Nigerian Economic Society, Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, urged Nigerians to be patient...
In a bid to tackle the escalating cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, the Federal Government of Nigeria is set to...
In a bid to address the economic challenges faced by the poorest and most vulnerable Nigerians, the Federal Government is planning to restart direct cash transfers....
Two weeks after President Bola Ahmed Tinubu instructed the Ministry of Agriculture and Food Security to release 42,000 metric tons of grains to alleviate the soaring...
The Naira experienced a substantial appreciation on Binance, a leading cryptocurrency platform, as concerns over access restrictions to digital assets surfaced in Nigeria. Although there is...
Financing Assessment and Staff Report, the International Monetary Fund (IMF) has sounded a cautionary note, projecting a potential 35% depreciation in the exchange rate of the...
In a bid to navigate the ongoing economic challenges, the Central Bank of Nigeria (CBN) has once again revised the exchange rate for cargo clearance, setting...
Binance, the world’s largest cryptocurrency trading platform, has confirmed its collaboration with President Bola Tinubu’s administration to restrict Nigerians from engaging in dollar-naira trades on its...
In defiance of the Federal Government’s crackdown on foreign exchange market speculators, the Nigerian naira continued its downward slide on Tuesday, particularly in the parallel market....