The current value represents a 0.75 percent gain from the N1,530.26/$ on July 11. The latest record marks the naira’s strongest performance since March 14, when it exchanged at N1,517.93 per dollar. S...
The Nigerian government is rallying investors to commit more investments into one of Africa’s biggest economies as various reforms implemented some two years ago begin to yield results. In a keynote a...
Nigeria is preparing to release its rebased Gross Domestic Product figures in 2025 for the first time in more than a decade, which analysts say could catalyse investment and improve its attractiveness...
Odibe spoke during an interactive session with journalists in Lagos on Thursday. He said the port currently receives between 10 to 12 vessels monthly, stressing that its “trans-shipment operations hav...
The naira closed trading at 1,529.22/$ at the official Nigerian Foreign Exchange Market window on Tuesday. According to data on the Central Bank of Nigeria’s website, Tuesday’s closing was weaker than...
Canada has extended the grace period for international students affected by recent changes to the Post-Graduation Work Permit (PGWP) program, pushing the enforcement of new rules to early 2026. The mo...
In an open letter on Wednesday, Dangote thanked President Bola Tinubu for his leadership and farsightedness on the Bar Beach land reclamation project in Victoria Island, Lagos. He said that through th...
The Central Bank of Nigeria (CBN) has clarified speculations about hidden charges on the newly launched Non-Resident Bank Verification Number (NRBVN) platform. In a recent release, the CBN stated that...
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
The recommendation was contained in an article published on Monday, written by Axel Schimmelpfennig, the IMF’s mission chief to Nigeria, and Christian Ebeke, the fund’s resident representative in Nige...
