Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates
A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…
Naira Shows Resilience in February 2025, as stability remains a mirage
The Nigerian naira ended February 2025 on a positive note, gaining 8.5%…
Nigeria Economy on Upward Swing: Inflation Down, Optimism High
The Nigerian economy appears to be charting a course toward recovery, with…
Forex Speculation: CBN Tightens Grip on Bureau de Change Operators
The Central Bank of Nigeria (CBN) has taken a significant step to…
Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
Nigeria’s Foreign Reserves Plummet by $832 Million in January
Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…
Subomi Okoya Apologises for Naira Abuse Amid Policeman’s Detention
Subomi Okoya, son of billionaire businessman Razaq Okoya, has issued an apology…
CBN Imposes N150 Million Fine on Banks Selling Mint Naira Notes to Hawkers
The Central Bank of Nigeria (CBN) has imposed a fine of N150…
