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News
The Nigerian local unit, the naira, lost N9.43 per US dollar at the official window amid sustained FX liquidity shortages and a growing foreign reserves deficit, according to Central Bank data.
The House of Representatives on Wednesday, began consideration of the Federal Capital Territory (FCT) 2024 Supplementary Appropriation Bill of a total
The global crypto market capitalisation rose by 0.33% day on day as Bitcoin started to recover. The selloffs in the world’s largest crypto asset had plunged
Vice-President Kashim Shettima has welcomed ExxonMobil’s proposed 10 billion dollars investment in Nigeria’s deep-water oil operations.
Interbank Rates Mixed as Outflow for FGN Bond Reduces Liquidity The interbank rates diverged in…
The Executive Board of the International Monetary Fund (IMF) has approved a 40-month arrangement under the Extended Credit Facility…
The naira fell by 54 basis points to N1,667 against the US dollar midweek as the foreign exchange (FX) market crisis deepened.