The Senate has urged the Central Bank of Nigeria (CBN) to urgently extend the withdrawal date of old currency notes from Jan. 31, 2023 to June...
The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil mining licence (OML) 11 asset. This...
The senate has passed a supplementary budget of N819 billion for the 2022 fiscal year. The development came after the senate extended the implementation of the...
The Economist Intelligence Unit (EIU), has predicted that the value of Nigeria’s currency, Naira, will continue to depreciate, gradually falling to an official rate of N470...
Members of the Monetary Policy Committee (MPC) have called on the Central Bank of Nigeria (CBN) to carry out a bold reform of the foreign exchange...
The Central Bank of Nigeria (CBN) said that the concentration of fintech companies in Lagos State is slowing down the development of fintech across...
The Naira appreciated against the United States Dollar at the parallel market segment of the foreign exchange (forex) market on Tuesday. The Nigerian currency was exchanged...
A development and economic expert, Dr Chiwuike Uba, has urged the Federal and state governments to take concerted efforts to decisively tackle widespread insecurity and all-involving...
The exchange rate between the naira and the dollar at the black market remained stable through the Christmas celebration, trading at an average of N740/$1 on...
Latest statistics released by the National Bureau of Statistics, NBS, shows that the prices of selected food items hit the rooftop nationwide in November. In the...