Despite the dollar holding near four-month lows, the value of the Nigerian naira fell to its lowest level in almost eight weeks on the black market...
The shoprite franchise operator in Nigeria, Retail Supermarkets Nigeria Limited (RSNL), has stated that it will close its Ado Bayero Mall store in Kano, Kano State,...
Banks have been instructed by the Central Bank of Nigeria (CBN) to improve the calibre of their offerings in order to get more customers into the...
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), predicted that the country’s crude oil revenues will plummet in the 2024 fiscal year. During...
On Wednesday, the naira dropped from Tuesday’s N1,220 per dollar to N1,260 per dollar on the parallel market. The naira dropped to N904.65 per dollar on...
The biggest online retailer on the continent, Jumia, made the startling announcement that Jumia Food, its food delivery service, would close by the end of December...
Nigerians are aware that there are enough Naira notes in circulation to cover their needs financially, according to the Central Bank of Nigeria, or CBN. In...
A moratorium on new loan applications under its development finance intervention funds programme has been declared by the Central Bank of Nigeria, or CBN. The suspension...
According to the National Bureau of Statistics, the Value Added Tax (VAT) total for the third quarter of 2023 was N948.07 billion. This is in line...
As the naira dropped to an all-time low of N1,099.05/$, the official foreign exchange (FX) market oscillated lower on Friday, narrowing the difference/spread between the official...