Nigerian President Muhammadu Buhari has granted a 60-day extension for the use of old N200 notes. The President made the announcement in a nationwide speech on...
Oil prices rose on Thursday, as the International Energy Agency (IEA) predicted strong demand from China will lead to a record 101.9 million barrels per day...
The CBN has urged Nigerians to take advantage of this opportunity to deposit their old notes and obtain new ones.
Brent crude oil, against which Nigerian oil is priced, declined by 0.5% to $85.13 a barrel, while U.S. West Texas Intermediate (WTI) crude slipped by 0.6%...
The NBS attributed the rise in inflation to disruptions in the supply of food products, increased import costs due to the naira's depreciation, and a general...
The old N200, N500 and N1000 naira notes are no longer legal currencies in Nigeria since February 10, 2023, the Central Bank of Nigeria (CBN) has...
The Nigerian Naira on Monday, February 13th, exchanged at an appreciated rate of N461 to the dollar at the Investors and Exporters window. This represented a...
Nigerian stocks rose by 0.1% on Monday, despite election uncertainties and foreign investor caution, shooting up the return on the total stocks listed on the bourse...
The U.S. Department of Energy (DOE) stated that it would sell 26 million barrels of oil from the SPR, a move that some traders did not...
One of the challenges confronting the cashless policy of the Federal Government is the dearth of software engineers at the money deposit institutions to fix complaints...