In recent times, Nigerians experienced acute shortage of naira notes across channels: bank teller points, automated teller ...

This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...

The Central Bank of Nigeria (CBN) has slightly reduced the Nigeria Customs exchange rates for cargo clearance as the naira ...

Oyalowo said the interventions have helped to stabilise the Foreign Exchange (FX) market and the naira, in a statement he ...

The Nigerian currency remained firm against the euro in the parallel market amid the Conservative victory in Europe's largest economy.

In May 2022, the MPR moved to 13 per cent up from 11.5 per cent. By the end of 2023, the monetary policy rate (MPR) stood at 18 per cent ...

For the first time in about three years, Nigeria’s MPC decided to pause its aggressive interest rate hikes, following a rejig of ...

The Executive Director of the Osun River Basin, Mr Ayobami Oyalowo, has said that some interventions by the Federal ...

The Nigerian naira is poised for a significant test as markets reopen on Monday, following a week packed with key ...

A hair-dressing salon, a fashion designer’s shop and a foodstuff seller’s shop were also affected, with equipment and ...

MultiChoice, the pay TV company, is set to increase the monthly subscription rate of its DStv Compact bouquet from N15,700 to N19,000, industry sources have told TheCable. This is coming almost one ...

Commercial banks are riding on telco platforms to rake in billions of naira from the increasing number of customers using ...