The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...
Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...
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Legit on MSNNigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...
Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming ...
Of late, some armchair critics took a swipe at the orientations of Nigeria’s foreign policy vis-à-vis its effects on ...
Nigeria's largest labour union has suspended a planned nationwide protest against a 50% hike in telecommunications tariffs and will negotiate with the government to resolve the dispute within two ...
In this episode of MoneyBrief with Ugodre, we break down what Donald Trump’s proposed tariffs could mean for Nigeria. As ...
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