The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, an analysis of data from ...

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, ...

The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms ...

Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing ...

FCMB Group Plc raised N147.5 billion through its public offer exercise and recorded 33 per cent oversubscription.

Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its ...

The World Bank has projected that Nigeria’s inflation rate could drop below 20% by 2026, driven by enhanced monetary policy ...

The Debt Management Office, DMO, says that the Federal Government has made robust budgetary provisions to offset Nigeria’s ...

In Q2 2024, FDI into Nigeria dropped to a historic low of $29.83 million. This marks a 65.33 percent decline from Q2 2023 and ...

First Bank has reportedly laid off about 100 senior staff members in a major restructuring after embarking on a new name ...