The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...

The TUC said the fall in the country's currency against the dollar is the reason for Nigeria's high cost of living.

The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at ...

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

President Donald Trump’s imposition of tariffs on Mexico, Canada, and China threatens to disrupt the global trading system.

It is also an important one, leading up as it does to the conclusion of the banking capitalization exercise announced on ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Authorities in Kebbi State, northern Nigeria, have confirmed the killing of one person and injuries to several others following an attack by gunmen on ...