At the same segment, the domestic currency also appreciated by N5 against the Pound to wrap the day at N635/£1 as…

The Central Bank of Nigeria has said it has introduced special bills as part of efforts to deepen the financial…

Naira exchanged to the dollar at 490/$ in the parallel market on Wednesday, after it had sold for N500 on Monday.…

Nigerian exporters have lamented the difficulties and undue stress in obtaining the Nigerian Export Proceeds…

OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions…

The Nigerian currency, Naira, yesterday reversed its two weeks depreciation trend in the parallel market, recording…

The sale of a Nigerian oilfield to Eni and Royal Dutch Shell was legally “perfect” and there was no proof of any…

Sterling fell to a one-month low against the euro and also dipped momentarily below $1.33 on Wednesday as Britain…

The safe-haven dollar sank to a fresh 2-1/2-year low in choppy trading on Wednesday, pressured once again by…

The Nigerian Ports Authority has finalised plans to implement the electronic call-up system to control the entry of…

Pope Francis condemned on Wednesday the killing of scores of farmers and villagers in northeast Nigeria by…

Nigerian stock market sustained its positive outlook on Tuesday to begin the month of December on a positive note…

Fitch Ratings, a global credit rating agency, predicts a risk in the rating of Nigerian banks due to foreign…

THE Central Bank of Nigeria has asked Justice Ahmed Mohammed of a Federal High Court in Abuja not to unfreeze the…

The pound rallied the most in more than a week, as speculation grows British and European officials are getting…

This is coming a day after it weakened at N500 to the dollar in the parallel market. The CBN had, on Friday,…

Truth is no one will gladly send a dollar to Nigeria at N390 if he or she can get N490-500 for the same dollar.…

Creaking grid: Electric wires in Ojuelegba district in Nigeria's commercial capital Lagos, June 18, 2018.…

Ivory Coast has not sold up to 15% of cocoa from its ongoing main crop, while the vast majority of the upcoming…

At 7 a.m. on a recent Saturday, Onomene Adene received a call from a man whose voice she did not recognise. The…

Tesla CEO Elon Musk sent an e-mail to employees on Tuesday warning them that they need to control their spending in…

Japan on Wednesday enacted a law to cover the cost of vaccination against COVID-19 for residents. Amid rising…

Dr. Scott Gottlieb told CNBC on Wednesday the availability of coronavirus vaccine doses is likely to be limited in…

It is currently trading at N470 to the dollar. The naira, which had previously exchanged at N500/$, strengthened…

The Central Bank of Nigeria (CBN) has directed banks in the country to close all naira ledger accounts opened…

LONDON — A potential delay to the distribution of coronavirus vaccines is the biggest risk facing the economic…

Oil held steady in New York, with OPEC and its partners engaging in a diplomatic push to agree on output levels…

The Federal Government on Monday assured local raw materials investors that they will be given priority in foreign…

The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo has assured investors using local raw materials…

The Central Bank of Nigeria CBN) has issued fresh directives to International Money Transfer Operators (IMTOs) on…