Local

The Federal Government and Messrs La Mancha Incorporated, a leading Luxembourg Incorporated Private Gold…

Rumors of rate fixing. Scarcity of foreign exchange. A widening gap between the official rate and the runaway…

The minister of finance, budget and national planning Hajiya Zainab Ahamed Shamsuna has said that the federal…

Nigeria hopes to attract more remittances from its diaspora to boost foreign currency liquidity after the central…

The Central Bank of Nigeria has said beneficiaries of diaspora remittances can now receive monies sent from abroad…

The Central Bank of Nigeria (CBN) has stopped naira payment to recipients of diaspora remittances (dollar inflows)…

The Central Bank of Nigeria (CBN) issued a circular on Monday clarifying how domiciliary accounts will be operated…

Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed…

Governor Samuel Ortom of Benue State, on Monday, appealed to the President, Major General Muhammadu Buhari (retd.),…

The Presidential Task Force on COVID-19 has urged Nigerians to be weary of festivities such as Christmas carols as…

To save the naira, CBN now allows diaspora remittances to be withdrawn dollar cash. The Central Bank of Nigeria…

Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth…

At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are…

Nigeria’s national electricity grid collapsed on Sunday, the Transmission Company of Nigeria (TCN) said in a…

At any point in the last few years, Nigeria’s naira has always had multiple exchange rates. As of Friday (Nov.…

Nigeria’s central bank weakened the naira for the third time this year as the regulator struggles to stem demand…

The Cryptocurrency space is fast expanding, with more people, including those at the grassroots embracing the…

Nigeria's naira slipped across the curve against the dollar in non-deliverable forward markets on Monday, with the…

The Kogi State Commissioner For Agriculture, Mr David Apeh, has warned that the continuous dependence on crude oil…

Despite the restriction placed by the Federal Government on palm oil importation, the inflow of the edible product…

The Managing Director, Financial Derivatives Company Limited, Bismarck Rewane has predicted 16 per cent inflation…

The proposed policy in the 2020 Finance Bill that seeks to slash duties and levies on imported vehicles has raised…

FOR their inability to generate enough revenue to pay workers, other debts, and prioritizing recurrent over capital…

The value of mobile money transaction in Nigeria and other West African countries peaked at $130billion last year…

In a bid to tackle the increasing threats of cyber-attacks in the financial sector, the Central Bank of Nigeria…

A panel of OPEC+ ministers couldn’t reach an agreement on whether to delay January’s oil-output increase, leaving…

The decline in earnings was worsened by the impact of COVID-19 which dampened the global demand, plummeting crude…

Crude oil prices fell on Monday, amid investor jitters ahead of a meeting of producer group OPEC+ to decide…

The Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market.…

The naira hit record lows at the weekend as market forces continued to force downward shift in Central Bank of…