The Naira depreciated by ₦52.24 against the dollar over 48 hours due to a decline in foreign exchange supply. FMDQ…
Latest Financial analysis News
The World Bank has revealed that Nigeria lost ₦13.2 trillion between 2021 and 2023 due to the management of foreign…
The District Court in Atlanta, Georgia, has exonerated Air Peace CEO Allen Onyema in an ongoing business fraud case. The…
The Naira began the week on a sad note as it depreciated against the Dollar. According to data from the…
The Bola Ahmed Tinubu-led Nigerian government plans to impose a 5 percent tax on telecommunication, gaming and betting services in…
The Nigerian Customs Service said it has generated ₦4.2 billion as revenue in the first nine months of 2024. This…
The naira depreciated further against the dollar, weakening to ₦1660.49 per dollar on Thursday from ₦1659.69 on Wednesday. In three…
The Nigerian government has confirmed that fuel and foreign exchange (FX) subsidies are permanently removed, according to Finance Minister Wale…
The Nigerian Naira was ranked as one of the worst-performing currencies in sub-Saharan Africa by the World Bank. This was…
The naira significantly depreciated against the dollar, dropping to ₦1658.97 per dollar on Tuesday from ₦1552.92 on Monday, reflecting a…