The Nigerian economy grew in the second quarter of 2024 by 3.19% year-on-year, according to data released by the National Bureau of Statistics (NBS) on Monday....
As the US Federal Reserve signals potential interest rate cuts, there is growing optimism that Nigeria’s struggling naira could receive a much-needed boost. The Federal Reserve...
Emirates Airlines has re-entered the Nigerian aviation market, offering dollar-denominated fares that have sparked debate among industry experts and travelers alike. The airline, which suspended services...
In line with its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank...
As of August 26, 2024, the dollar to naira exchange rate on the black market, also known as the parallel market or Aboki FX, is reported...
Ngozi Okonjo-Iweala, Director General of the World Trade Organization (WTO), has raised concerns about the country’s declining GDP growth. Speaking at the annual General Conference of...
Nigeria’s banking sector has witnessed a remarkable surge in interest income with top financial institutions generating a combined ₦1.62 trillion from loans and advances in the...
Nigeria’s foreign exchange (FX) market surged in turnover to ₦110.35 trillion in the first seven months of 2024. This increase represents a 171.46% growth from the...
Fuel prices across Nigeria have surged sharply as the country grapples with a severe petrol shortage with Lagos and Kano facing some of the worst impacts...
The Federal Government of Nigeria’s newly introduced domestic dollar bond is creating a buzz among investors, particularly those in the diaspora and retail sectors. Offering a...
