Economy

Cross-border supplier payments have long been a pain point for merchants in emerging markets. Whether it's a coffee exporter in...

The Nigerian equities market recorded N1.42 trillion decline last week, the first since the beginning of trading in 2024, as...

Tokunbo Abiru, the chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, has called on the Central Bank of...

International Money Transfer Operators (IMTOs) are beginning to implement the Central Bank of Nigeria (CBN’s) directive barring them from paying...

Mr. Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has revealed that the apex bank cannot currently...

The Naira experienced depreciation against the US Dollar across both the official and black markets as demand pressure continued to...

First City Monument Bank (FCMB) has unveiled an accelerator programme to empower and grow over one million small and medium-sized...

Mallam Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), and Mr. Olayemi...

Access Bank PLC has taken a significant step towards environmental sustainability with the signing of a historic loan agreement with...

The intra-day high between the naira and dollar sold for N1,519/$1 on Tuesday as forex turnover dropped by 20.26% to $465.29 as the Nigerian...

Latest survey by the Enhancing Financial Innovation and Access, (EFInA) 2023 revealed that more than 40% of Nigerians used Digital...

Activities on the floor of the Nigeria Stock Exchange (NGX) Tuesday shows that  BUA Cement led the loser table, while others...

Nigerians’ spending on foreign education, healthcare, and personal travels gulped over $98bn in 10 years, according to the Central Bank...

Reporter; Tobi Adetunji === Expert in Nigeria’s financial sector have attributed the recent debacle around the Foreign Exchange (Forex) market...

Elon Musk may not be having it cozy, as his net worth sinks lower following the drop in Tesla’s market...