The Naira continues its decline, plummeting to an exchange rate of 1,190 Naira per US dollar
The Nigerian naira continues its downward trajectory due to a growing scarcity of the US dollar.
On Friday, at the parallel market, the naira opened...
Address the forex backlog to strengthen naira confidence, advises Lemo to the CBN
A former Deputy Governor of the Central Bank of Nigeria, Dr. Tunde Lemo, has cautioned against allowing the Nigerian naira to float freely.
He expressed...
Fuel imports have been halted by marketers, leading to gas stations running out of fuel, and long queues of customers have resurfaced
Seven oil marketers who had imported Premium Motor Spirit, commonly known as petrol, approximately a month ago, have ceased their imports, resulting in localized...
A 12.5-kilogram cooking gas cylinder costs N12,500
The cost of a 12.5kg Liquefied Natural Gas (LNG) cylinder, commonly used for cooking, has surged to N12,500 in conjunction with Nigeria's 63rd Independence...
Specialists will explore the potential of the capital market as an economic instrument
Experts are poised to engage in discussions concerning the pivotal role of capital markets in driving economic growth within Nigeria during the upcoming 39th...
