Politicians often make mistakes that deconstruct them without realising it. This happens especially when they are out of favour ...

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

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

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.

The value of the Nigerian naira continued to decline, reaching N1,500 per U.S. dollar in the official currency market on Thursday.

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.

The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...

But the bills sprayed at the event were dummies and not real currency after all. That much was made known by Hajiya Fatima herself, who clarified that the bills were not genuine US dollars. In a post ...