Foreign airline operators in Nigeria have challenged the announcement by the Central Bank of Nigeria (CBN) that it has cleared all valid foreign exchange backlogs. Speaking...
The lingering economic hardship in Nigeria has remained a source of concern to many citizens such as business owners and entrepreneurs. With rising inflation and the...
The naira has shown signs of strengthening in the official foreign exchange (FX) market, currently quoted at N1,560.57 to the dollar. This improvement reflects a 0.79...
The Central Bank of Nigeria (CBN) has announced that the 294th meeting of the Monetary Policy Committee (MPC) will be held on Monday, March 25, 2024....
The Nigerian currency, the naira, witnessed a notable appreciation against the US dollar in both the parallel and official sections of the foreign exchange (FX) market...
The International Monetary Fund (IMF) suggests that the Nigerian government’s immediate task should be combating food insecurity. The IMF announced this in its End-of-Mission statement, released...
President Bola Tinubu‘s administration in what was initially hailed as a decisive action took the bold steps of scrapping petrol subsidies and unifying Nigeria’s foreign exchange...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Tuesday, 5th March 2024 1. Tinubu Returns To Nigeria From...
The Central Bank of Nigeria (CBN) has requested feedback from Nigerians regarding the resolutions reached during its latest Monetary Policy Committee (MPC) meeting. Naija News reports...
The Central Bank of Nigeria (CBN) has said it successfully concluded a sale of government securities, issuing 1.053 trillion ($680 million) in short-term instruments. The apex...
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Friday, 1st March 2024 1. You Are Not The Only...
The Labour Party’s presidential candidate in the last general election, Peter Obi, has condemned the recent decision of the Monetary Policy Committee to hike the Monetary...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
In a decisive move to reform Nigeria’s banking sector, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced a commitment to creating...
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Wednesday, 28th February 2024 1. ‘I Am Aware Nigerians Are...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has debunked claims of being responsible for the current economic woes in the country. Naija...
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 per cent from 18.75 per cent....
The 10th Senate under the leadership of Godswill Akpabio, on Thursday confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the...
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Thursday, 15th February 2024. 1. ‘President Bola Tinubu ‘Silently’ Re-introduces...