Economy

The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the...

After three days of bearish trading, the Nigerian Exchange (NGX) gained N74bn on Thursday. The equity market had lost N469bn...

Muhammad Sani Abduallahi, deputy governor of the Economic Policy Directorate of the Central Bank of Nigeria (CBN), has predicted that...

M-PESA Safaricom has signed an International Money Transfer Agreement with Onafriq, Africa’s largest digital payments network, operating in 40 African countries, to...

Dr. Wunmi Bewaji, a securities and Financial Regulation Expert, has revealed that the current momentum of  Nigeria's naira against the dollar is sustainable....

The bank sees the acquisition as a stimulus for collaboration that will drive both economies forward and redefine the future...

The Central Bank of Nigeria (CBN) has cleared all $7 billion foreign exchange (forex) backlog inherited by Governor Yemi Cardoso....

Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant...

The Nigerian equities market yesterday closed on a negative note with selloffs in Julius Berger Plc and 23 others triggering...

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The senate Ad-hoc Committee has concluded plan to summon Mr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN) to...

Analysis from Nigerian Exchange Group (NGX) reports reveals that Dangote Group, Nestle and MTN Nigeria alongside four of Nigeria's most...

The Nigerian Autonomous Foreign Exchange (NAFEM), saw a notable appreciation on Tuesday, with the closing rate standing at N1560.57 to $1....

In 2023, the unemployment rate in Africa stood at 7.7 percent out of a total population of over 1.4 billion. This...

Price pressures intensified in the Nigerian private sector during February and were unprecedented in over a decade of data collection,...