Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...

The Nigerian and Ugandan currencies are seen advancing in the next week to Thursday, while Kenya's, Ghana's and Zambia's are ...

Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years after financial institutions suspended the service due to acute ...

Nigeria’s foreign exchange reserves have increased, inflation has moderated and the naira has stabilised. In May, Moody’s upgraded the country’s foreign currency debt rating.

The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience.

Wilmar is growing its palm oil plantations in Nigeria’s Cross River state as it focuses on supplying the local market with the edible oil that’s used to cook Nigerian staple foods. Wilmar ...

The CBN had reported that foreign exchange inflows into Nigeria rose by 62% per month to $5.96 billion in May 2025, as the Nigerian currency, the naira, appreciated to N551 per dollar due to ...

Data from the Central Bank of Nigeria showed that the naira weakened to N1,549.35 against the dollar on Friday, down from N1,539.72 traded on Wednesday, prior to Nigeria’s Democracy Day holiday ...

The Nigerian currency, the naira, opened the week strongly against the dollar, appreciating to N1,543 from N1,544 per dollar following the Middle East tension.

Prominent voices in Nigeria’s economic and policy space have renewed calls for the taxation of cryptocurrencies, underlining the need for comprehensive regulatory frameworks to manage the rise of ...

A Lagos lawmaker, Mr Temitope Adewale, says President Bola Tinubu is working to make Nigeria great again. Adewale, representing Ifako-Ijaiye Constituency ...