The House of Representatives has called on the Central Bank of Nigeria (CBN) to begin the gradual withdrawal of the...

The International Monetary Fund (IMF) has noted signs of stability in Nigeria's local currency, the naira, attributing this progress to...

The African Development Bank (AfDB) has approved a $100 million fund to establish the Youth Entrepreneurship Investment Bank in Nigeria....

The National Bureau of Statistics (NBS) has announced that the average retail price of a litre of premium motor spirit...

As of today, 18th October 2024, the exchange rate for the U.S. dollar to the Nigerian naira in the black...

Aliko Dangote, President of Dangote Industries Limited (DIL), has seen his fortune soar to $27.8 billion, doubling his wealth after...

Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has clarified that the CBN does not set the foreign exchange...

A recent report from the United Nations Development Programme (UNDP) has brought to light the harsh reality that over 1.1...

The Nigerian naira ranks among the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s...

With a worn-out bag slung over his shoulder, Dereje Enigdamekonen weaves through the labyrinthine paths of Merkato market in Addis...