In the parallel section of the foreign exchange market, the Nigerian naira experienced a depreciation on Wednesday, reaching N930 per dollar. This represents a decline of...
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has denied rumors of a new naira policy that would crash the dollar exchange rate to N1.25/$....
Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Olawale Fasanya, has reiterated Federal Governments desire to boost women owned businesses in the...
The World Bank has recently urged Nigeria to implement immediate structural changes in its macroeconomic management, emphasising the need to enhance revenue collection and financial management....
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has appealed to Anambra Governor, Chukwuma Soludo to pay the sum of N900.7 million debt owed to its...
…Persistent weakening raises concerns amid limited reserves. By Sodiq Adelakun The Nigerian naira experienced a significant weakening against the US dollar, reaching N773.50 in official trading...
In the first five months of 2023, the Federal Government of Nigeria has reported a fiscal deficit of N3.68trillion, according to a recent report by the...
…Aims to strengthen financial stability By Sodiq Adelakun Commercial banks in Nigeria have been instructed by the Central Bank of Nigeria (CBN) to refrain from using...
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139 per cent in gross...
The Development Bank of Nigeria (DBN) has announced its intention to allocate N150 billion to support Micro Small and Medium Enterprises (MSMEs) throughout the country. In...