Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

Jumoke Oduwole, Nigeria’s minister of industry, trade and investment outlines her strategy to attract foreign direct investment and support businesses in a tough economic climate.

Africa is grappling with deep-rooted economic challenges such as financial exclusion, hyperinflation, and dependence on ...

Revenue for Aradel quickened by 162.7 per cent to N581 billion, according to its unaudited accounts issued on Tuesday, its first full-year financials since it went public last year.

Telecommunications operators in Nigeria are looking at an accumulated substantial loss by 2026, owing to an unstable economic ...

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...

The Central Bank of Nigeria (CBN) introduced the newly launched FX Code to boost liquidity, and transparency and stabilise ...

By Harold Kwabena FEARON and Dennis AKWABOAH Cryptocurrencies and digital assets in general have become a transformative force across the globe, reshaping traditional financial systems and introducing ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...