Naira slips to N1,329.15 per dollar as official FX market turnover surges 174%, while reserves hit $54.607bn and the parallel-market rate strengthens to N1,370.
Naira slips to N1,329.15 per dollar as official FX market turnover surges 174%, while reserves hit $54.607bn and the parallel-market rate strengthens to N1,370.
FG launches OHOPRS, targets lifting 50 million Nigerians out of poverty with N16 trillion plan, unified system, real-time data, and coordinated interventions.
Discover how taxes, fees, and the cost of living affect a Nigerian doctor’s net income abroad. Compare whether working abroad or at home is financially more viable.
The Nigeria Employers’ Consultative Association has expressed concern over the growing impact of rising oil prices on Nigeria’s economy, businesses and households.
Over 30 Nigerian banks meet new CBN capital requirements as merger activity surges. Regulatory flexibility may aid struggling institutions in final approvals.
Nigerian banks near compliance with CBN's recapitalisation directive, raising ₦4.05 trillion amid strong investor confidence ahead of the looming March 31 deadline.
Egypt tops the IMF debt list in Africa with $7.55 billion, while Nigeria's absence raises questions about its borrowing strategy amid ongoing fiscal challenges.
Food prices in Nigeria surge sharply ahead of Eid al-Fitr, impacting purchasing power as families cut back on celebrations due to rising costs of staples.
Ovaltine announces a £24 million investment for its first African factory in Lagos, creating over 100 jobs and boosting UK-Nigeria trade relations.
Food prices in Nigeria surge due to Ramadan demand and rising logistics costs, impacting staples like rice and tomatoes; global tensions threaten further inflation.
Economy
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