The NDC has reportedly nominated a popular and influential critic of the APC as its governorship candidate in Lagos for the 2027 general elections.
Naira weakens to N1,360/$1 at the official market as tight FX inflows, lower oil receipts and reduced CBN interventions pressure currency stability across markets.
FMDQ figures show that on Wednesday, May 22, the value of the Naira against the dollar increased from N1465.68 per dollar on Tuesday to N1462.59 per dollar.
The United Kingdom government has issued a new guidelines for Nigerians and other immigrants to apply for its seasonal worker visas from 2024 to 2029.
The Central Bank of Nigeria has provided an explanation to the depreciation of the naira in the official and unofficial foreign exchange markets.
Nigeria is ranks as the second least indebted nation in Africa according to the International Monetary Fund in spite of the belief that Nigeria is heavily indebted.
The Nigerian currency has shown a strong performance against the dollar, pound, and euro in both the official and unofficial forex markets as the CBN makes promises.
The Central Bank of Nigeria has announced a new interest rate hike which has raised questions from Muda Yusuf, the Centre for the Promotion of Private Enterprise.
Uche Uwaleke, a professor of finance and capital markets, has reacted to the Central Bank of Nigeria Monetary Policy Committee's decision to raise interest rate.
The Central Bank of Nigeria, Monetary Policy Committee (MPC) led by Olayemi Cardoso, has once again decided to increase interest rates to fight inflation.
According to Patience Oniha, DG of the DMO, the federal government has raised N4.5 trillion of the N6 trillion domestic borrowing target in the 2024 budget thus far.
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