Finance

In recent times, the idea of a strong currency has been often associated with the United States dollar, with many...

The constitutional roles and functions of the Central Bank of Nigeria were enshrined in the 1958 Act of Parliament, and...

Nigeria’s equities markets gained about N165 billion on Wednesday as investors saw an opportunity for re-entry in value stocks that are...

The Nigerian government is planning to raise $10bn to improve liquidity in the foreign exchange (forex) market. On Tuesday, the...

The value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange market (NAFEM)...

Crypto trading platform, Binance, has said that foreign exchange (forex) rates are influenced by various factors. Binance on Thursday adjusted...

The Federal Government has made plans to restart the direct cash transfer to the poorest and most vulnerable Nigerians. The...

The Nigerian Naira on Wednesday experienced a significant depreciation, reaching a record low of N1,830 per dollar in the parallel...

10 years ago, it was evident that Nigeria’s economy could not keep up with fuel subsidy. But somehow, the country...

The Nigerian equity market continued its bearish run for the second consecutive day this week as it lost N730bn yesterday ...

The Federal Government under President Bola Tinubu has initiated moves to audit the N22.7 trillion Ways and Means loans approved...

The Senate has frowned at the N17tn loss incurred by the country on tax waivers within the last five years....

Dollar sales by Deposit Money Banks (DMBs) and other entities at the Nigeria Autonomous Foreign Exchange Market plunged by $252m...

The exchange rate between the naira and the dollar has depreciated to an all-time low, reaching N1,537.96/$1 at the official...

In continuation of the piece on naira’s depreciation and the impact of bank executives' activities on Nigeria's economy, this present...