Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency ...

Nigeria’s economic landscape is at a pivotal juncture. Faced with fluctuating oil prices, rising inflation, and currency devaluation, the country’s foreign reserves remain under constant strain.

The IAS 29 is a reporting standard that prescribes rules for financial reporting for companies that use the currency of a ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

An economic expert has projected that Nigeria's public debt will rise to N150 trillion by the end of the first quarter of ...

The Financial Reporting Council of Nigeria has said Nigeria is not yet in a hyperinflation economy and warned corporates from adopting International Accounting Standard 29 in the preparation of their ...

Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...