Nigerian central bankers, emboldened by stronger-than-expected third quarter economic growth, are set to extend their more ...

Car mechanic Adebola Omotosho has to drive eight kilometres across Nigeria's bustling commercial hub Lagos to fill his tank ...

The Association of Bureaux De Change of Nigeria has revealed that the Central Bank of Nigeria offered to extend the deadline ...

The Central Bank of Nigeria (CBN) has extended the deadline for recapitalisation of BDC operations in Nigeria. ABCON President relayed this in a recent meeting.

In his relatively short time in office, just over a year and a half, Governor Hyacinth Iormem Alia is showing a sound ...

President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, ...

While the average citizen is being urged to bear with ‘temporary’ hardships political operators are being paid humongous monthly wages ...

The monetary authorities must remain open to strategic interventions in the foreign exchange market. The naira volatility must not be allowed to continue unabated.

Stakeholders in the Nigerian financial sector are worried about the rising cases of fraud across banks with billions of Naira being lost to fraudsters on a monthly basis. These concerns stem from the ...

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,770 per dollar in the parallel market from N1,750 per dollar last weekend. Similarly, the Naira depreciated to N1,675.62 per dollar in the ...

The naira crashed against the dollar at both official and parallel foreign exchange markets to begin the week on a negative ...