The Naira has depreciated to N1,260 against the US Dollar in the parallel market.

Nigeria currency The Naira has experienced a surge in the parallel market, reaching N1,260 against the…

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Deputy Senate President Initiates Action to Prevent Closure of Shoprite in Kano.

Deputy President of the Senate, Jibrin Barau The Deputy President of the Senate, Jibrin Barau, has…

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Federal Government Increases Exchange Rate for Cargo Clearance to N951/$.

Central Bank of Nigeria building. The Federal Government, through the Central Bank of Nigeria, has increased…

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Customs Seize Nine Trailer Loads Of Rice And Poultry Products Valued At N872 Million In Ogun State.

Rice sized by the Nigeria Customs Service (NCS). During the holiday season, the Nigeria Customs Service…

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Bank Stocks Surge As Recapitalisation Plan Boosts Investor Confidence.

CBN Governor, Olayemi Cardoso. Financial institution stocks rose on the opening trading day following the announcement…

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Lagos Urges Cooperatives Societies to Invest In The Power Sector.

Lagos State Logo The Lagos State Government has encouraged cooperative societies to take the lead in…

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Against the US Dollar, the Naira earns.

Photo File of Naira and Us Dollar. Despite the nation’s skyrocketing rate of inflation, the naira…

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Forex gains lead to a 156% surge in profits for Nigerian banks, reaching N2.3 trillion.

File image of Nigeria Bank. Once again, Nigerian banks have achieved exceptional profits as a result…

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FAO Warns of Potential Food Insecurity for 2.6 Million Nigerians in 2024.

Food Items. The Food and Agriculture Organisation has cautioned that not less than 2.6 million individuals…

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“We Have Sufficient Stock of Currency Notes” —CBN

Image File of Central Bank of Nigeria, source (Google). The Central Bank of Nigeria (CBN) has…

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