The naira appreciated against the dollar on Tuesday at the official foreign exchange market. According to FMDQ data, the naira…
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The naira experienced a sharp decline against the dollar in both official and parallel markets as of Monday, attributed to…
Nigeria faces an estimated $26 billion in annual economic losses due to severe electricity shortages, according to Standard Bank’s Africa…
The naira showed slight improvement at the official exchange market, strengthening to ₦1600 per dollar on Friday from ₦1601.20 the…
Nigerian airline Air Peace has announced a significant 100% increase in ticket prices for all domestic routes, effective November 1,…
The Naira recorded its first appreciation against the dollar at the foreign exchange market since Friday last week as FX…
The Central Bank of Nigeria (CBN), on Thursday, announced that there is no fixed deadline for using the old ₦200,…
The House of Representatives has instructed the Central Bank of Nigeria (CBN) to start gradually withdrawing old naira notes from…
The Federal Government of Nigeria, through the Federal Ministry of Finance, has announced that the Nigerian National Petroleum Company Limited…
Nigeria’s cabinet has approved borrowing around $618 million to acquire six Italian-made M-346 attack jets and associated ammunition for the…
