Former NPA chief Aminu Dabo has quit the APC in Kano, citing personal reasons and future plans after serving as caucus chairman in Dambatta Gabas Ward.
The naira weakened to N1,332.97 per dollar at the official market as foreign exchange turnover surged 157.1% and Nigeria’s reserves climbed to $55.1 billion.
The has announced a surge in remittance inflows, which climbed to $553 million in July 2024, marking a 130% increase compared to the same period in 2023.
The National Bureau of Statistics has released new data showing the Nigerian states with the lowest petrol prices, with Kwara State leading the list.
The naira ended last week mixed, weakening against the pound and dollar but strengthening against the euro, prompting the CBN to reconsider forex policies.
Here is a list of the world's most valuable currencies in August 2024 based on their relative value against the US dollar, according to Forbes' ranking.
Muda Yusuf, the CEO of the Centre for the Promotion of Private Enterprise(CPPE) has a message for the Central Bank of Nigeria on Customs exchange rate.
The implementation of the FX Windfall Tax in Nigeria has sparked considerable debate as stakeholders assess the potential economic advantages of the initiative.
The Central Bank of Nigeria has more foreign reserves to defended the naira according to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy.
The Nigerian currency, the naira, has depreciated in value against the US dollar amid CBN's forex retail auction and a drop in Nigeria's inflation rate.
Nigerian billionaire and philanthropist Danjuma, has donated about $500, 000 to the University of Medical Sciences, Ondo State, for its faculty of pharmacy
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