The naira value of Nigeria's total external debt for its 36 states and the Federal Capital Territory (FCT) surged by 23.76% from June 2023 to December 2023, climbing from N3.350 ...
The Nigerian naira has made significant gains against the British pound this year on the unofficial market, buoyed by inflows from Foreign Portfolio Investors (FPIs) and increasing confidence in the ...
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau ...
The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the ...
The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase ...
The Central Bank of Nigeria (CBN) is bracing for a hefty interest payout, with projections indicating an outlay of approximately N1.01 trillion, stemming from its relentless efforts to safeguard the ...
In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by $2.5bn, making the naira strengthen to ...
Throughout March 2024, the Nigerian naira experienced a notable appreciation against the US dollar, marking a gain of over N350. This substantial improvement was attributed to various foreign exchange policies, ...
The Central Bank of Nigeria (CBN) has announced a significant inflow of over $1.5 billion into the country's economy recently, signaling a positive impact of its monetary policy measures. According ...
Amid a recent surge in the value of the naira against the dollar, the Coalition of Northern Groups (CNG) calls on businesses to reconsider their pricing strategies. Through its National ...
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