The Naira experienced a slight depreciation at the official market, trading at N1,309.39 to a dollar on Thursday.
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
Economic and financial experts have warned the Central Bank of Nigeria (CBN) against neglecting economic growth strategies amidst the nation’s escalating infection rates.
The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday.
Some residents of Coker-Aguda Local Council Development Area, Lagos, have lauded Gov. Babajide Sanwo-Olu of Lagos State for reducing the prices of food items at “Ounje...
Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO)...
President Bola Tinubu, says his administration will unleash a number of measures to revive the economy, based on the recent appreciation of the Naira.