The naira has crashed to N450 to a dollar at the parallel market earlier today as the Nigerian Senate passed the revised 2020 budget sent to...
The Nigerian Senate has passed the revised 2020 budget sent to it by President Muhammadu Buhari to the upper legislative chamber. Naija News reports that the...
A storm of reactions by Nigerians has greeted reports suggesting that Hushpuppi, a Dubai based Nigerian big boy has been reportedly arrested for an alleged $35...
The drastic effect of coronavirus (COVID-19) on the World economy has created a negative impact on several developing countries like Nigeria as the Subsaharan African countries...
The naira has crashed to N387.33 kobo to a dollar at forward market as the demand for foreign currencies continues to rise. Naija News understands that the...
Nigerian local currency keeps profiting from the output cut in Oil prices by the major oil-producing countries as the brent remained above the $40 dollar mark...
The Director, Corporate Communications of CBN, Isaac Okorafor, on Monday revealed that all successful applicants for the Coronavirus Targeted Credit Facility will be credited within 48...
The Crude oil prices recorded the highest growth since the inception of COVID-19 pandemic at over $42 per barrel as the world’s major oil producers (OPEC)...
The Presidency has sought the contribution of the National Assembly to economic sustainability plan. Naija News reports that Vice President Yemi Osinbajo and members of the...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) popularly known as petrol. Naija News reports...
Nigeria’s foreign reserve recorded a progressive growth with the help of Apex bank in the country who continual injects needed funds to foreign financial dominated reserves.
The latest upsurge of the naira against the dollar can, however, be related to the improved foreign exchange inflow and the planned resumption of dollar sales to Bureau...
The increasing impact of COVID-19 continues to ravage the economic activities of Nigeria as the Naira, the country’s local currency recorded positive growth at the forward...
As many prospective state economy opens up this week amidst market uncertainity the Nigerian local currency sufferd a major set back.
As the Organisation of the Petroleum Exporting Countries (OPEC) set to organise it quarterly meeting on thursday, The price of Brent crude rose greatly to a...
Nigerian local currency made a shocking gain on monday night against the US dollar to stand at $1/N385.50 kobo.
With over N2.3 trillion gross domestic product loss in Lagos state, the impact of COVID-19 has drastically affected the income of the people and government of...
The Central Bank of Nigeria has given a new directive to all commercial banks in the country. The apex bank who gave the new directive in...
Nigerians will now be charged stamp duties on all forms of electronic notifications including SMS and messages on any electronic platform such as emails and WhatsApp...
Guaranty Trust Bank plc has been ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand Africa 100: Africa’s Best Brands, the pre-eminent survey and...