The naira gained strength on Monday, appreciating to N1,650 per dollar in the parallel market, as the U.S. dollar experienced ...
Finance apps in Sub-Saharan Africa saw 34% install growth and 28% revenue rise in 2024, driving digital financial transformation.
Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.
The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief ...
The Office of Nigeria's Inspector General of Police (IGP) is in court with some Nigerian businessmen accused of allegedly fraudulently ...
Bento’s name is now associated with allegations of financial malpractice, forged receipts, and unremitted employee ...
The Kwara State Government has initiated an investigation into the unusual flooding that submerged rice farmlands spanning ...
Led by the Deputy Chief of Staff Princess Bukola Babalola, the delegation also delivered relief materials worth millions of naira for the farmers in the affected community, Tada.
The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...
The Financial Reporting Council, FRC, has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards, IAS 29, is not necessary in ...
Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...