The Nigerian currency, Naira, wrapped up August with a modest gain against the U.S. dollar, posting improvements in both official and parallel foreign exchange markets. On...
The Central Bank of Nigeria (CBN) has reported a significant reduction in its net loans and receivables, dropping by ₦4.145 trillion in 2024. This decline, according...
Nigeria’s foreign exchange reserves have dropped by $2.2 billion as the Central Bank of Nigeria (CBN) continues its efforts to support the Naira and settle a...
The Federal Government has commenced concrete steps to implement the Supreme Court’s judgment on local government autonomy, signaling a major move toward financial independence for the...
