An assessment of selected Nigerian companies’ new net borrowings in 2024 indicates a decline in reliance on bank loans for working ...

The value of the naira continued its upward trend on the parallel market, rising from N1,530 per dollar the previous weekend to N1,500 per dollar on Monday.

The naira appreciated against the dollar across parallel and official foreign exchange markets on Monday to begin the week on ...

The Naira appreciated further at the official market on Monday, trading at N1,497.11 against the Dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N3.62. This ...

Amid the pressure on the federal government to grant pardons to politically exposed persons (PEPs) and the attendant review ...

The Naira yesterday sustained its upward trend rising to its highest level in   seven months in the parallel market, where it appreciated to    N1,500 per dollar   from N1,530 per dollar last weekend.

The naira has appreciated against the British pound sterling, euro, and Canadian dollar since the introduction of the ...

AFRICA’s largest telecom market is in turmoil. Uncertainty mixed with outrage deepened after the telcos implemented a 50 per cent tariff hike on February 17. An SMS that cost N4 (160 characters) ...

This marks a 0.24 per cent increase compared to Friday, Feb. 21, when the local currency closed at N1,500.73 to the Dollar.

In a worrisome change of trend, banks seem to be extending less credit to businesses in the private sector. Analysts have shared what may be the cause.