FG Approves Three-year External Borrowing Plan The federal government has approved a three-year rolling external borrowing plan. Briefing State House Correspondents after the Federal Executive Council...
The naira plunged to 418 against the dollar at the parallel market on Tuesday as scarcity of foreign exchange continued to weigh on the official interbank...
The Nigerian foreign exchange reserves increased by $595 million to $26.20 billion, according to the latest data from the Central Bank of Nigeria. This is its...
The Nigerian Naira plunged to a record low against the US dollar on Sunday at the parallel market. The local currency was sold for 414 per...
United Bank for Africa Plc (UBA) on Thursday announced pre-tax profit of N40.270 billion for the second half of the year. That is a 3.1 percent...
Naira Hits Record Low of 409 Per Dollar The Nigerian Naira hit a record low against the US dollar on Thursday, following the Central Bank of...
The naira tumbled to 402 at the parallel market on Wednesday, a day after the Central Bank of Nigeria banned nine banks from the foreign exchange...
The Nigerian stock market (equity category) depreciated by N438bn between August 24, 2015 and August 24 this year. The Nigerian Stock Exchange All-Share Index also slid...
Foreign currency speculators, who launched an unprecedented attack against the naira in the last two weeks, got their fingers burnt on Tuesday when the nation’s currency...
Deposit Money Banks have yet to comply with the Central Bank of Nigeria’s directive asking them to sell $50,000 from Diaspora remittances to Bureau De Change...
