The House of Representatives has asked the Central Bank of Nigeria (CBN) to urgently address the lingering scarcity of naira notes, calling for an investigation...
The naira, which demonstrated robust performance across both official and parallel markets last week, witnessed a marginal slump against major foreign currencies on Monday, December 9,...
The Managing Director of Moniepoint Microfinance Bank, Mr. Babatunde Olofin, has issued a strong warning to Nigerians, urging them to avoid sharing their bank account numbers...
The Securities and Exchange Commission (SEC) of Nigeria has introduced a comprehensive cryptocurrency regulatory framework, heralded by experts as a transformative move to foster greater collaboration...
Nigeria’s capital importation surged to $7.1 billion in the first nine months of 2024, nearly doubling the $3.9 billion recorded in 2023. However, the latest National...
The Nigerian telecommunications sector witnessed a staggering 87 per cent decline in foreign investments during the third quarter of 2024, signaling a sharp downturn in capital...
The Nigerian naira posted significant gains against the euro in the parallel market this past week, buoyed by ongoing reforms in Nigeria’s foreign exchange (FX) market...
The Centre for Promotion of Private Enterprise (CPPE) has credited the recent significant appreciation of the naira against the dollar to Nigeria’s growing external reserves and...
As Christmas approaches, many Nigerians face a challenging festive season, grappling with soaring prices, stagnant incomes, and an overall economic downturn. Traditionally marked by joyous celebrations...
The Nigeria Deposit Insurance Corporation (NDIC) said depositors with balances exceeding N5 million will also be paid from their liquidation dividends. The Managing Director and...