Mr. Niyi Yusuf, Chairman of the Nigerian Economic Summit Group (NESG), outlined key strategies to propel Nigeria towards a $1 trillion economy by 2030. At a pre-Ramadan lecture organized by ...
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/barrel in the ...
The Federal Government has levied a hefty $10 billion fine on the cryptocurrency trading platform Binance, accusing it of exacerbating Nigeria's forex crisis. Bayo Onanuga, the Special Adviser to President ...
The U.S. dollar index is poised to register its first weekly decline in 2024, while the Nigerian naira has shown momentum by appreciating in both the official and black markets. ...
MTN Nigeria Plc has encountered significant financial challenges, reporting a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion in the previous year. This downturn ...
The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to focus on the primary factors causing high inflation in its monetary policy decisions. In a ...
The Minister of Steel Development, Shuaibu Audu, revealed that Nigeria presently imports materials worth four billion dollars annually. Audu made this disclosure during a visit to the National Metallurgical Development ...
The naira appreciated marginally against the United States dollar to N1,609 on Wednesday at the official market from N1,615.94 recorded the previous day. This indicates an increase of N6 or ...
The Federal Government of Nigeria has reportedly detained two senior executives of Binance, a cryptocurrency exchange company. According to a report by the Financial Times, both executives arrived in Nigeria ...
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR ...
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