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Local Stock Exchange kicks off 2025 with bullish start, gains N154.7bn
Bamidele Famoofo The local stock exchange opened this year’s trading…
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Naira will keep falling if we don’t prioritise Made-in-Nigeria products over imports- Gwadabe, ABCON president
The naira's free-fall in recent times has been nothing short…
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CBN launches electronic Fx matching system to curb speculation
Busayo Samuel The Central Bank of Nigeria (CBN) has launched…
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Nigeria records 5% boost in net foreign exchange inflows to $25.4bn in H1 2024
Business a.m. The Central Bank of Nigeria (CBN) has confirmed…
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CBN reports 83% decline in FX allocation for foreign education in Q1 2024
Business a.m. The Nigerian diaspora's expenditure on education overseas plunged…
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Volatile FX market threatens Nigeria bank recapitalisation plan, warns Teriba
Onome Amuge Ayo Teriba, the chief executive officer of  the…
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ABCON welcomes CBN move against domiciliary account collateral for naira loans
Business a.m. The recent move by the Central Bank of…
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CBN working on true price discovery of undervalued naira,Cardoso assures
Business a.m Yemi Cardoso, the governor of the Central Bank…
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CBN faces uphill battle as Fitch reveals shortfall in funds to clear forex backlog
Business a.m Credit ratings agency Fitch has noted that the…
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$20 FX spend limit on back of scarcity to become widespread
BY: CHARLES ABUEDE On the heels of the decision by…
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