Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflationary economy.Owing to this, the Council, in a press statement signed by its Executive ...

Meanwhile, a promising tech start-up in Lagos seeks bridge funding to scale but has no credit history. These scenarios play out daily across the country where accessing finance remains one of the most ...

Hon. Marilyn Dumkelechukwu Okowa-Daramola is a dynamic legislator, youth advocate and girl’s empowerment trailblazer. She was elected ...

The Nigeria Security and Civil Defence Corps (NSCDC), Ebonyi State has vowed to ensure enforcement of the law against the abuse of the Nigerian currency. The corps described the Naira as a critical ...

The story of women rsquo;s contribution to Nigeria rsquo;s economy is as old as the nation itself. It is no secret that women ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...

In line with CBN directives, please note that effective immediately, the daily withdrawal limit on PoS is now N100,000, while the weekly ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...