Nigeria has experienced a decline of $470.8 million in foreign direct investments over the past five years, according to analyses of Capital Importation reports by the...
By Sodiq Adelakun The World Bank’s latest Food Security Update has brought to light the significant impact of domestic food price inflation on various regions across...
In a recent release by the National Bureau of Statistics (NBS), Foreign Direct Investment (FDI) into the manufacturing sector has seen a significant decline in the...
By Sodiq Adelakun The Naira concluded the year 2023 with a staggering 49 percent depreciation against the US Dollar. As of the last trading day of...
At the Investors’ and Exporters’ (I&E) forex window, the naira gained 6.58 percent as the dollar was quoted at N742.93 on Tuesday as against N795.28 quoted...
The Development Bank of Nigeria has advocated for increased digital innovation, financial inclusion, and sustainable partnerships to accelerate the growth of Micro, Small and Medium Enterprises...
The Lagos Chamber of Commerce and Industry (LCCI) have urged the Central Bank of Nigeria (CBN) to remove the foreign exchange restrictions for importing 43 products...
Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for...
By Sodiq Adelakun Naira on Tuesday exchanged with the dollar at an average rate of N825 as demand intensifies at the parallel market, also known as...
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) dealers. This is as the apex...