CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom Service to adopt official foreign exchange...
Naira sells N1,770/$ at parallel market, 1,665/$ official window Naira on Friday closed at N1,770 against the US dollar at the parallel foreign exchange market. This...
Forex reforms: FG says naira already stabilizing, will go after saboteurs undermining the currency The Federal Government has insisted that the ongoing reforms in the foreign...
BREAKING: Naira strengthens by 7.43% to N1750 against dollar at the black market The Naira witnessed a notable surge on Thursday, reaching a high of N1750...
CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in...
Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1 The official exchange rate experienced a notable decline of 2.97%, settling at N1571.31 per US...
Senate confirms Cardoso, 11 others as MPC members Governor of the Central Bank of Nigeria, Mr. Olayemi Cardodso, and 11 other nominees of President Bola Ahmed...
Nigeria recorded 2.74% GDP growth in 2023 – NBS Nigeria recorded a growth of 2.74 percent last year in its Gross Domestic Product (GDP), the National Bureau...
Naira depreciation: Analysts offer strategies for volatility mitigation Financial analysts are advocating for a re-evaluation of policies to safeguard the Nigerian Naira amid escalating forex rates,...
Prepare for greater risks, NCC advises telecom operators ahead of 6G deployment The Nigerian Communications Commission (NCC) has advised telecommunications operators in Nigeria to brace for...