Tinubu seeks $10bn to stabilise exchange rate as Naira slumps
President Bola Tinubu on Tuesday made public the plan of his government to raise $10bn...
Market
Yet more hardship for Nigerians as naira hits record lows, stocks plunge
The Nigerian naira fell to record lows on both the official and unofficial markets on...
UK, Mauritius, Netherlands, Singapore, top Nigeria’s source of capital importation in Q4
The United Kingdom, Mauritius, Netherlands, Singapore, and South Africa have emerged as the top five...
Fitch Ratings warns Nigeria against establishing FX gateway bank, says it may affect banks’ liquidity,
Global credit rating agency, Fitch Ratings, has cautioned the Federal government over the proposed establishment...
Umahi summons cement manufactures over hike in price
Federal government of Nigeria through works Minister, David Umahi has summoned Cement Manufactures in the...
Nigerian govt says it attracted $30bn investment commitments in 8 months
Minister of Industry, Trade and Investment, Doris Anite, on Friday, announced significant investment commitments secured...
10 African countries with the strongest currencies in 2024
Having a strong currency provides numerous benefits to African economies, ranging from increased purchasing power...
Kenyan shilling surges as it records highest gain in 12 years
The Kenyan currency continues to thread in a positive direction as it records another gain...
Nigeria unveils ambitious plans to tackle soaring food prices
Nigeria has touted plans to regulate food prices. On Tuesday, the vice-president of the country,...
Naira falls as dollar supply declines 1week after CBN’s policies change
Nigeria’s currency, Naira, fell by 3.1 percent (N50.11) as dollar sales by banks maintained a...