The naira gained ground against the US dollar in both the official and parallel markets. This is despite the fact that Nigeria's headline inflation rate, released today by the National ...
The Managing Director, International Monetary Fund, Kristalina Georgieva has stressed the need for comprehensive regulation in the cryptocurrency space to safeguard global financial stability. Speaking at a digital currency conference ...
The naira depreciated yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar on Tuesday. Similarly, the naira depreciated to N904.65 per dollar in the official Nigerian ...
The Central Bank of Nigeria governor, Dr Olayemi Cardoso, has called on stakeholders in the economy to be innovative in bridging the financial inclusion gap in the country. Cardoso said ...
ABUJA-A day after the power grid collapsed for the second time this year, the Federal Government has disclosed that as part of the overall reform of the sector, the Transmission Company of ...
The Nigerian Naira experienced a significant resurgence, bouncing back vigorously against the US Dollar on December 11, 2023, in the official market. The local currency appreciated by an impressive 27.16%, ...
Between July and September 2023, Nigeria witnessed a notable surge in drug imports, totalling N81.81 billion. This reflects a substantial 68% increase from the N48.74 billion recorded in the same ...
The Nigerian Naira plummeted to an unprecedented low, closing at N1,099.05 per dollar in the official market. This marks a significant depreciation of 23.29% from its previous closing rate, casting ...
In a positive turn of events, the Nigerian naira has shown significant improvement against the United States dollar on the Nigerian Autonomous Foreign Exchange Market (NAFEM), the official exchange rate ...
Islamic finance, the Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, recently shared insightful information about the burgeoning Islamic finance sector in Nigeria. As of the close of ...
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