Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

A strong U.S. dollar under President Donald Trump's leadership poses a threat to the naira and foreign investments, analysts ...

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THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International ...

To date, retail CBDCs have failed to address real consumer needs or pain points meaningfully and currently offer no clear ...

The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief ...

South Africa is forecast to reduce its benchmark gauge by 25 basis points to 7.5% on Thursday and then pause; Kenya will ...

The Financial Reporting Council, FRC, has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards, IAS 29, is not necessary in ...

Depending on what view one takes of the matter, 10 February 2025 promises to be Proxy Wars Day at the Supreme Court of ...