The Nigerian currency, the naira, is surging against the US dollar, propelled by a combination of forex inflows and the CBN's interventions in the FX market.
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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Inflation rate drops in August as report shows relief for Nigerians
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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FG to train 100,000 construction workers, provide job opportunities nationwide for artisans
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Tinubu’s focus on consumer credit key to Nigeria’s economic transformation - NICA
The National Institute of Credit Administration (NICA) has revealed how President Bola Tinubu's administration is transforming the credit industry in Nigeria.
NBA in touch with Decathlon over China forced labour accusations
The NBA Friday said it "took very seriously its code of conduct" for companies marketing its licensed products and was speaking to French firm Decathlon over accusations it has benefited from forced labour in China. "We take compliance with our Code of Conduct very seriously and are addressing the allegations regarding Decathlon with the company directly."
Trump's trade tempest: Week one
In just one week, US President Donald Trump's turbulent trade tussle with rivals and allies triggered tit-for-tat moves, more tariff threats and tense talks, leaving the world bracing for more. Trump's threats angered the US neighbours.
US job growth misses expectations in January
The United States added fewer jobs than expected in January while unemployment ticked down, government data showed Friday, marking resilience in the labor market heading into President Donald Trump's new term. The data indicate the US economy remained relatively healthy heading into Trump's second presidential term, which began on January 20.
IMF releases Nigeria’s per capita income, says Nigerians now poorer than Ghanaians, others
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Telecom tariff hike: TUC threatens strike if FG does not take action
The Trade Union Congress (TUC) has threatened to down tools if the Federal government does not take action. The detail what the government must do.
Putin hails Russia's strong 2024 economic growth
Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions. Before sending troops into Ukraine, Russia had faced almost a decade of sluggish growth and falling living standards -- suffering under sanctions and restrained domestic spending after Moscow annexed Crimea in 2014. bur/lth
New FX Rate for cargo clearance emerges in Nigerian ports as NPA hikes tariffs on imported goods
Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance in Nigeria's ports.
Germany logs record US surplus amid Trump tariff fears
Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs. Germany has the largest trade surplus with the United States of any European Union member state, according to the bloc's most recent data, with the EU's overall surplus angering Trump.
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