Dangote Refinery is set to suspend the supply of petroleum products to the Nigerian market following stalled negotiations ...

The Central Bank of Nigeria has revealed that the naira recorded another poor performance against the US dollar in the ...

Last September, torrential rains swept across West and Central Africa, causing devastating floods. Maiduguri, capital of the ...

ShareThe naira’s recent depreciation amid a decline in Nigeria’s external reserves has again highlighted the need for the country to enhance the sources of its dollar buffers, writes Tony Chukwunyem ...

Amid Nigeria’s economic crisis, crypto offers a lifeline for citizens. The government is finalizing new regulations for ...

The Nigerian naira depreciated marginally in the official foreign exchange market trading at N1,549 from N1,548 per dollar ...

Here are practical strategies to turn a devalued naira into a profit-boosting advantage: Revisit pricing models to reflect ...

The Naira yesterday depreciated to N1,510 per dollar in the parallel market from N1,505 per dollar last weekend. But the Naira appreciated to N1,499 per dollar in the Nigerian Foreign Exchange ...

The Nigerian naira began Tuesday’s trading session at N1,510 per dollar on the black market amid weakness in the dollar index. However, the local currency settled higher in the Nigerian Foreign ...

A Nigerian fintech company, ProsperaVest ESG Ltd, has unveiled eNsc, a stablecoin pegged 1:1 to the Nigerian Naira and built on the Lisk 2.0 blockchain. Designed to facilitate tokenized investments in ...

The Nigerian naira ended February 2025 on a positive note, gaining 8.5% month-on-month on the parallel market to close at 1,490/$. However, on the official market, it saw a slight decline of 1.7%, ...

Similarly, the Naira appreciated to N1,499.8 per dollar in the Nigerian Foreign Exchange Market (NFEM) Data published by FMDQ showed that the indicative exchange rate for the naira fell to N1,499. ...