News

Apex bank’s support for naira soared by 215% in H1 The Central Bank of Nigeria injected a total of $4.1bn into the foreign ...
The naira, Nigeria’s local currency, appreciated to N1,518.88 per dollar at the parallel section of the foreign exchange (FX) ...
Banks’ balance sheets have been materially affected, raising concerns over how and whether they can repay and refinance their upcoming bonds ...
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 ...
As the remains of the late former President Muhammadu Buhari is being laid to rest today, tributes have continued to ...
For investors, the 8 years under Buhari were a mixed bag. Trillions of naira gained, and billions of dollars lost.
Former Nigerian President Muhammadu Buhari, a former military general who campaigned on rooting out government corruption, ...
Ecobank Nigeria Ltd. has repaid $150m, representing 50% of its $300m 7.125% Eurobond due February 2026, reinforcing its ...
In 2023, under a new administration and the leadership of CBN Governor Olayemi Cardoso, the foreign exchange market was ...
Bitcoin's value may surge to $250,000 in 2025. Supply cuts after halving events historically boost prices. Spot Bitcoin ETFs are bringing in institutional money. Investors see Bitcoin as a safe haven ...
The worst part is that this policy would increase the corruption in the process. No embassy, particularly in Nigeria, would ...