The naira fell to an all-time low of N950 to a single dollar at the parallel market on Thursday afternoon. The figure represents a N53 or 5.9 percent depreciation compared
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The Association of Bureaux De Change Operators of Nigeria (ABCON) says Binance, the cryptocurrency exchange company, must be stopped from operating in the country. In an interview with NAN in
President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway. The president also said a thorough overhaul of the federal civil service payroll
Adebayo Adelabu, one of President Bola Tinubu’s ministerial nominees, says the decisions and the activities of the Central Bank of Nigeria (CBN) should be interrogated. Speaking on Tuesday during his
The Central Bank of Nigeria (CBN) has exempted microfinance banks (MFBs) and primary mortgage banks (PMBs) from paying processing fees
The Nigerian naira, on Monday, weakened to N871 per US dollar at the parallel section of the foreign exchange (FX)
Nigeria’s currency in circulation climbed to N2.60 trillion in June 2023, representing the highest in the year. Currency in circulation (CIC)
Here are the seven top business stories you need to track this week — July 31 to August 4. NLC
The Economist Intelligence Unit (EIU), an arm of The Economist of London, has predicted that the Nigerian government will go
The naira, Nigeria’s legal tender, closed at N740.08 per dollar at the investors and exporters (I&E) window on Wednesday. The
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