Last week, the Central Bank of Nigeria under the leadership of the Governor, Olayemi Cardoso took a decisive step toward restoring sanity to the foreign exchange (FX) market with the introduction of i ...

By Arize Nwobu Central banks are at the heart of the economy and they evolve monetary policies to keep a nation’s currency and economy stable. But it has been observed that central banks are often ...

Nigerian investors and top chief executives are betting on the new-found stability of the naira to “plan” for their firms’ ...

The Naira's value has improved significantly against the US dollar, British pound, and euro in the parallel foreign exchange ...

The Central Bank of Nigeria (CBN) has adjusted the Nigeria Customs exchange rates for cargo clearance at Nigeria's sea and ...

Jumoke Oduwole, Nigeria’s minister of industry, trade and investment outlines her strategy to attract foreign direct investment and support businesses in a tough economic climate.

The Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday, January ...

ShareThe year 2024 etched an indelible mark on Nigeria’s economic history as over 20 highprofile multinational corporations, including Unilever Nigeria Plc, Procter & Gamble, GlaxoSmithKline Consumer ...

The Central Bank of Nigeria (CBN) has unveiled the Nigeria Foreign Exchange (FX) Code, coinciding with a Naira appreciation ...

Banks lower their interest rates on foreign currency (FX) deposits as the dollar supply improves. During an executive roundtable organized by PwC and BusinessDay on Thursday, Olusegun Alebiosu, the ...

Leaders of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) are not happy.The reason for the ...