The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at ...

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

The TUC said the fall in the country's currency against the dollar is the reason for Nigeria's high cost of living.

President Donald Trump’s imposition of tariffs on Mexico, Canada, and China threatens to disrupt the global trading system.

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

Leading the continent, Algeria boasts gold reserves of approximately 174 metric tons. The country has been accumulating gold since the early 2000s, and these reserves are now valued at over $10 ...