Economy

The naira, which has been on a path of recovery, traded between 400 and 470 to the dollar at the...

The ongoing challenge of stabilising the naira/dollar exchange rate has heightened calls on government to revisit the once hyped Naira/Yuan...

Sequel to attempts at easing the bottlenecks and constraints to doing business in Nigeria, members of the Presidential Enabling Business...

Nigeria's authorities may soon devalue the naira but won't fully relinquish control over it, instead taking steps to narrow the...

The Federal Government today, Friday announced the sack of all the directors in the Nigerian Civil Aviation Authority (NCAA), the...

A big bang reform in Nigeria leading to billions of dollars of inflow – similar to Egypt since late 2016...

Barely two weeks after Asset Management Corporation of Nigeria (AMCON) took over the management of Arik Airlines, Nigeria’s largest local...

Nigeria's overnight lending rate plummeted to around 15 percent on the interbank market on Friday from around 133 percent the...

CBN sold $1.5 million on the interbank market at 305 per dollar on Friday to boost liquidity, traders said. This...

Naira rose on the black market to its highest in more than three months on Friday, after several interventions by...