The Presidency has countered Atiku Abubakar’s Foreign Exchange Solution, stating that a controlled floating of the currency to prevent further devaluation will merely return Nigeria to...
The Nigerian naira is the third worst-performing currency in the world behind the Lebanese pound and the Argentine peso among the 151 currencies tracked, Bloomberg said....
Nigeria has recorded its tenth straight rise in the inflation rate of foodstuffs to a new high of 27.33% for the month of October, as analysts...
On Thursday, the Investors and Exporters window had the Naira at 461.10 to the dollar. The amount marked a 0.02 percent increase over the 461.17 it...
At the Investors and Exporters window on Monday, the naira lost value when compared to the dollar, trading for N430. In comparison to the N429.62 it...
Bitcoin prices ascended to a record high on Tuesday, hitting another milestone at above $62,000, a move that many reaffirm to be a bullish trend in...
Bitcoin, the leading virtual currency, saw its price pass $30,000 on Saturday for the first time in just its latest record high. The first decentralised cryptocurrency...
The gap between Nigerian banks’ bids to buy and sell the naira to investors is widening due to a tight supply of dollars in the market,...
Former President Olusegun Obasanjo on Thursday called on the leaders of the Economic Community of West African States (ECOWAS) to agree on common currency to boost...
A detective with the Economic and Financial Crimes Commission (EFCC), Mr. Tosin Owobo, on Tuesday, told a Federal High Court, Lagos, how three Airforce Chiefs, Air...