IMF: We stand by our advice to FG on fuel subsidy, FX The International Monetary Fund (IMF) says it stands by its advice to Nigeria to remove...
Nigeria’s economy growing, exchange rate stabilising, says FG The Federal Government has given an update on the state of nation’s economy. It says a lot of progress is...
Adopt quarterly exchange rate for Customs duty, economist advises FG The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the Central Bank of Nigeria (CBN) to...
Exchange rate: EFCC goes after more crypto traders, speculators The Economic and Financial Crimes Commission has instituted a further crackdown on currency speculators and cryptocurrency platforms...
Forex: Official, black market rates close to parity The exchange rate for the Naira and the Dollar has almost reached parity following the central bank’s crackdown...
Naira gains for third straight day on official market, closes N1,534.9/$1 For the third consecutive day, the naira recorded some gain on Monday, closing at N1,534.9/$1...
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...
Exchange Rate: NERC to increase price of prepaid meters The Nigerian Electricity Regulatory Commission (NERC) is considering increasing the price of prepaid meters once again. This consideration...
FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs The exchange rate for cargo clearance witnessed a dramatic increase to N1413.6/dollar...
Vice President Kashim Shettima has issued a stern warning to individuals hoarding foreign currencies in anticipation of a further decline in the naira. Speaking at the...
