
The naira has strengthened against the United States dollar and other currencies like euro and pound in both the official, unofficial foreign exchange markets.
The naira has strengthened against the United States dollar and other currencies like euro and pound in both the official, unofficial foreign exchange markets.
Nigeria's national debt stock increased from N97.34 trillion in December 2023 to N121.67 trillion in March, according to the Debt Management Office.
Nigerian currency, the naira depreciated again in the official and official foreign exchange markets despite efforts by the Central Bank of Nigeria.
The Nigerian Sovereign Investment Authority has shortlisted candidates for the $220,000 Innovation Prize for Entrepreneurs in Nigeria to grow their businesses.
The Central Bank of Nigeria has directed banks and IMTOs to pay diaspora remittances in naira and align them with corresponding foreign currency inflows.
The value of Nigerian currency fell in both the official and unofficial foreign exchange markets after reports the CBN has stopped dollar sales to BDCs.
The Association of Bureau De Change Operators of Nigeria (ABCON) has demanded that the CBN review its decision to slam a new capital requirements for BDCs.
Access Bank has announced that it is now accepting applications from female entrepreneurs for its Womenpreneur Pitch-a-ton, and the deadline is on August 2024.
According to the Mo Ibrahim Foundation, an African non-grant organization, Egypt, Nigeria, and Morocco collectively receive 61% of all remittances sent to Africa.
Banks in Nigeria borrowed N3 trillion from the Central Bank of Nigeria in the first three weeks of June 2024 to bridge their funding gap, new CBN data shows.
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