The Nigerian naira has once again depreciated in the foreign exchange market, trading at N1,590 per US dollar on Wednesday.

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The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,560 per dollar on Tuesday.

Wall Street analysts reacted to the latest U.S. Consumer Price Index (CPI) data, which showed stronger-than-expected ...

Shares of Rocket Companies (NYSE:RKT) fell 5.4%, UWM Holdings Corporation (NYSE:UWMC) dropped 3.4%, and LoanDepot Inc (NYSE:LDI) tumbled 4.6% after the release of inflation data that prompted a rise ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets.

Since assuming office in September 2023, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has taken aggressive steps to stabilise the economy as his administration has focused on curbing ...

The rise of the US dollar has crashed the Nigeria naira by 0.7% in the official market, depreciating by N11 to a dollar and ...

ShareIn some of the episodes in this column, I have made a few common-sense predictions that have come to pass and ...