In an interview with Arise Television on Monday, Central Bank of Nigeria (CBN), Governor Yemi Cardoso disclosed that the apex…
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The official foreign exchange market witnessed a substantial rise in dollar supply, soaring by 180.59 percent to $440.13 million on…
The Federal Government has revised the exchange rate for the Nigeria Customs Service (NCS) for the importation of goods for…
In response to the recent unprecedented decline of the national currency, the Federal Government is reportedly considering a policy that…
The Nigerian naira exhibited strength in the foreign exchange market, reaching N1,440 per dollar on Friday, marking an improvement from…
Governor Babajide Sanwo-Olu has announced plans to construct a state-owned airport in Lagos, aiming to drive significant infrastructural development. The…
The Central Bank of Nigeria (CBN) has called out commercial banks for allegedly hoarding over $5 billion in foreign currencies,…
In response to President Bola Tinubu’s directive for the Central Bank of Nigeria (CBN) to take control of crude oil…
Meta Platforms, the parent company of flagship social network Facebook, has declared its inaugural dividend just days before Facebook’s 20th…
The Lagos State Government has unveiled its strategy to broaden the tax net as part of its plan to achieve…
The Nigerian naira reached a record low against the US dollar on Tuesday, marking the second devaluation within seven months.…
In an effort to stabilise the country’s fluctuating exchange rate, the Central Bank of Nigeria (CBN) has mandated Deposit Money…