The Central Bank of Nigeria (CBN) has announced stringent penalties for Deposit Money Banks (DMBs) found diverting cash to hawkers,...
Read moreDetailsNigerian businesses are preparing for continued naira depreciation over the next several months but hold cautious optimism for a potential...
Read moreDetailsThe Nigerian currency is bracing for challenges as the U.S. dollar surges following Donald Trump’s return to the U.S. presidency.
Read moreDetailsDaily Forex Turnover hits $1.4 Billion on NAFEM official forex market, highest ever as External Reserves reach $40 Billion
Read moreDetailsThe recent re-election of Donald Trump to the U.S. presidency, defeating Vice President Kamala Harris, has raised questions about how...
Read moreDetailsThe Central Bank of Nigeria (CBN) has given the green light to commercial, merchant, and non-interest banks operating in Nigeria...
Read moreDetailsWe analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical,...
Read moreDetailsThe naira slipped to an all-time low of N1681 per dollar at the official Investor and Exporter (I&E) window on...
Read moreDetailsThe naira faces more headwinds as the safe-haven currency rallied strongly amid rising odds of Donald Trump’s return to the...
Read moreDetailsNigeria recorded a current account surplus of $5.14 billion, or 11.46% of GDP, in Q2 2024, representing a significant improvement...
Read moreDetails