Latest data from the Central Bank of Nigeria (CBN) revealed that the increase began on May 9, when reserves stood at $38.12 billion. The figure had risen to $38.21 billion by May 12. It continued the ...

CBN Governor Cardoso has said the new Bank Verification Number system for Nigerians abroad will unlock major forex inflows.

Olayemi Cardoso the governor of the Central Bank at the latest MPC meeting expressed confidence on its reforms and how it has ...

Trading forex can seem exciting and potentially lucrative, yet beginners often face anxiety due to the associated financial ...

Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange ...

Nigeria’s economy today feels like a bike with a good rider, a decent engine, but a cracked and muddy road. The rider - our ...

Sienaert commended the Nigerian government for implementing macroeconomic reforms that have stabilised the economy. However, he pointed out that more efforts are needed to ensure that this growth is ...

For the average Nigerian, or what some others may refer to as the commoner, economic development or progress is measured by the prices of foodstuffs in the market vis-à-vis their financial resources.

Nigeria's central bank kept its benchmark interest rate unchanged on Tuesday for the second time in a row, as expected, noting relative improvements in key macroeconomic indicators that support a ...

Tony Elumelu, the Chairman of United Bank for Africa, has commented on the naira’s performance in both the official and ...

Oba Dokun Thompson is the Oloni of Eti-Oni in Osun State. He is also the Founder of the International Cocoa Diplomacy (ICD).