Nigerian local currency keeps profiting from the output cut in Oil prices by the major oil-producing countries as, the exchange rate remained stable at N455 to...
The Federal Government of Nigeria is presently facing major economic set back as its foreign reserves drops by two hundred and sixty-one million dollars in just...
The laudable action by the Group Managing Director of NNPC, Malam Mele Kyari and the Chief Executives of the various subsidiaries has received many numerous appraisals...
Federal Government Releases N432bn Fund For Nigerian Farmers The central bank of Nigeria has injected fresh four hundred and thirty-two billion Niara fund for farmers Under...
The Inconsistency of the exchange rate the country’s local currency from both the black market, forward Market and Parallel market has continually affected the ease of...
The Continuous rise of the inflation rate is one the threatening factor that uplifts the tendencies of the upcoming recession on the Nigerian economy as The...
Nigerian local currency has remained stable for the second time this week running at the parallel segment of the foreign exchange market against the United States...
Nigeria as been described as one of the top ten most improved economies in the world, in terms of ease of doing business, for the 2nd...
President Muhammadu Buhari has revealed how Nigeria’s external reserves improved and experienced growth last month despite the drop in oil production and the ravaging COVID-19 pandemic....
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...
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...
