FCT Minister Nyesom Wike has made a strong revelation about Governor Siminalayi Fubara campaigning for President Bola Tinubu in Rivers for the 2027 election.
The Nigerian currency weakened against the United States dollar at the official foreign exchange market, closing at N1,332.09/$1 from the previous rate.
Africa’s top billionaires have amassed their wealth through innovation, resilience, and visionary business strategies, transforming industries along the way.
The Central Bank of Nigeria has decided to adjust the Customs exchange rate as the naira falls in the Nigerian Autonomous Foreign Exchange Market (NAFEM).
The Central Bank of Nigeria (CBN) has finally begun using an Electronic Foreign Exchange Matching System (EFEMS) and there is hope of stabilising naira.
The value of the naira has once again depreciated against the United States dollar. A decline in forex transactions after CBN rule changes is partly to blame.
United States President-elect Donald Trump has threatened to impose a 100 per cent tariff on the BRICS group nations if they undercut the US dollar.
A recent report has revealed the African cities with the most dollar millionaires in 2024. The Nigerian city of Lagos made the list with 4,200 millionaires.
The Central Bank of Nigeria (CBN) has made adjustments to the Standing Deposit Facility (SDF) and has asked all commercial banks to comply with the new rate.
The Central Bank of Nigeria has issued a directive to bank customers to make reports should there be a challenge in cash withdrawals at ATM and bank branches.
According to a report by BMI, a subsidiary of Fitch Solutions, the naira’s value is predicted to continue falling, dropping to N1,993 per US dollar by 2028.
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