The Naira experiences a decline in the parallel market, concluding the day at 900 Naira per US dollar in the official window
The Nigerian naira reached a historic low of N1,400/$ in the parallel market on Thursday, despite the Central Bank of Nigeria's efforts to stabilize...
British representative Fubara engages in talks about potential economic prospects
The British High Commissioner to Nigeria, Mr. Richard Montgomery, engaged in talks with Rivers State Governor, Siminalayi Fubara, on Wednesday, focusing on bolstering the...
The World Bank anticipates a 3.7% expansion in the Nigerian economy for the year 2025
The World Bank's latest report, titled "Global Economic Prospect: Subdued Growth, Multiple Challenges," forecasts a 3.7% growth in Nigeria's Gross Domestic Product (GDP) for...
Maize and paddy rice prices are expected to increase in 2024, according to AFEX
AFEX predicts a 25% and 40% increase in maize and paddy rice prices, respectively, in Nigeria this year, as outlined in their recent report...
EFCC is currently investigating $347Bn in funds related to the forex scandal and has summoned foreign companies for further inquiry
The Economic and Financial Crimes Commission is currently investigating a sum of at least $347 billion allocated to Nigerian companies between January 2014 and...
