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

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...

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

The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...

Nigeria can benefit from a Brics partnership but it must find a careful balance between the relationship and the interests of ...

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

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 ...

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

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

The Financial Reporting Council (FRC) says Nigeria does not qualify as a hyperinflationary economy under existing standards.