Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves. Olusegun ...
The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, indicating a return to economic expansion after ...
The Central Bank of Nigeria (CBN) on Friday failed to convince the Court of Appeal in Abuja to dismiss a case seeking judicial review of records of total demonetized coins between 2017 and 2020. The ...
Businesses anticipate Naira appreciation, projecting a 29% rise by mid-2025, driven by CBN forex reforms and market confidence.
ShareAfter two consecutive months of contraction, the country’s Purchasing Managers’ Index (PMI) rose to 51.0 index points in ...
I fully agree with you that a 32-year journey is a very long journey. I would say that the journey has been pleasant - by and large.
according to the latest Central Bank of Nigeria (CBN) Economic Report. The report disclosed that inflows through the CBN surged by 39.63 percent, reaching $11.86 billion, up from $8.49 billion in Q2 ...
The FG has defended its projection of decline in the inflation rate to 15 per cent this year, saying the projection is based ...
The Nigerian cryptocurrency market experienced remarkable growth in 2017, spurred by a surge in global interest in Bitcoin ...
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 ...
African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an ...
The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...