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Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, announced that the country’s foreign reserves have seen a significant boost, with a net...
The country’s foreign exchange reserves have surged to $37.05 billion as of July 18 according to the Central Bank of Nigeria (CBN). CBN Governor Yemi Cardoso...
Nigeria’s external reserves have surged to a new high of $35.05 billion as of July 8, 2024, according to Central Bank of Nigeria’s (CBN) data. This...
Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has approved the injection of N2 trillion into the economy to stimulate it. Wale Edun, the Finance Minister and Coordinating...
The Debt Management Office (DMO) has revealed that Nigeria’s total public debt has reached N121.67 trillion within three months. This figure represents an increase of N24.33...
The price of 12.5 kilograms (kg) of liquefied petroleum gas (LPG), better known as cooking gas, according to National Bureau of Statistics (NBS), has increased by...
The Central Bank of Nigeria (CBN), has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change (BDCs) operator across the...
In an effort to stop what it considers as ongoing manipulation of the foreign exchange market and illegal money transfers, the Nigerian government has blocked the...
The police have warned that they will not tolerate any kind of violence during the organised labour movement’s two-day protest against the nation’s problems and exorbitant...
Following recent directives from the Central Bank of Nigeria (CBN), naira will now be the currency for international transfers facilitated by international money transfer operators (IMTOs)....
