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

The prospect of the eco, a unified currency proposed for the 15 member states of the ECOWAS, has stirred excitement across ...

Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

Nigeria's largest labour union has suspended a planned nationwide protest against a 50% hike in telecommunications tariffs and will negotiate with the government to resolve the dispute within two ...

Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of ...

Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency ...

Central banks are at the heart of the economy and they evolve monetary policies to keep a nation's currency and economy stable. But it has been observed that central banks are often misunderstood in ...