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The Central Bank of Nigeria (CBN) has introduced a new Foreign Exchange (FX) Code aimed at regulating the foreign exchange market and stabilizing the naira. The guidelines, designed for eligible...

Nigeria’s major deposit money banks have reported a staggering 141.75% Year-on-Year (YoY) rise in their interest income for the half-year period ending in June 2024 (H1’24). This surge is attributed...

Bitcoin has revolutionized the financial landscape, and whether you’re diving into the cryptocurrency market for the first time or you’ve been investing for years, knowing how to interpret Bitcoin's value...

The Federal Government of Nigeria has introduced new tax relief measures aimed at stimulating investment in Nigeria's oil and gas sector, particularly in deep offshore production. As part of these...

In the parallel market yesterday, the value of the Naira increased from N1,705 per dollar on Monday to N1,700 per dollar. In the same way, the value of the Naira...

The National Bureau of Statistics (NBS) reports that the importation of petrol, officially known as Premium Motor Spirit (PMS), has fallen by a considerable 3.5 billion litres in the last...

The dollar to naira exchange rate at the black market, commonly referred to as the parallel market (or Aboki fx), continues to show significant fluctuations. As of today, October 2,...

The Federal Government of Nigeria has officially handed over 64 Compressed Natural Gas (CNG) buses to representatives from the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC), and the...

The World Bank has sanctioned a total of $1.57 billion in new loans to Nigeria, aimed at enhancing the country’s human capital and tackling climate change challenges. In a statement...

According to recent studies, there are two crucial developmental stages—the perinatal (while still in the womb) and adolescence to early twenties—when stressor exposure can dramatically raise the risk of acquiring...