In 2023, under a new administration and the leadership of CBN Governor Olayemi Cardoso, the foreign exchange market was liberalized. The central bank ended its financing of fiscal deficits, while the ...

The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the ...

Sterling Bank Plc has announced plans to raise up to $400 million in capital through a range of financing options, ...

The Securities and Exchange Commission (SEC) has commenced an investigation into the operations of a firm operating under the ...

Nigeria’s current account (CA) balance is projected to decline by 31.4 percent to $11.8 billion in 2025 after it reached ...

Dollar liquidity in the Nigerian foreign exchange rate dropped last week, leading to a crash of the naira to N1,530 per ...

Aregbesola, as governor of Osun State, raised the state’s internally generated revenue from N300 million to N1.6 billion monthly.

SEC, in the statement said it viewed the activity of the company as a threat to investor confidence and the overall integrity of the financial system.

Former Minister Chukwuemeka Nwajiuba said Buhari deliberately kept the petrol subsidy to protect Nigerians from economic hardship and unnecessary deathsHe argued that more Nigerians have died due to ...

The Central Bank of Nigeria's intervention in the FX market took the naira to a four-month high against the US dollar in the ...

The Central Bank of Nigeria has announced new exchange rates as the naira jumps to a four-month high in the Nigerian Foreign Exchange Market (NFEM) ...

The Nigerian currency, the Naira, appreciated against the dollar on Monday, gaining strength in both the parallel market and ...