High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...
The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...
The International Monetary Fund has revealed that Nigeria’s Gross Domestic Product per capita declined to $835.49 in 2025 from $877.07 in 2024, indicating a 4.74 per cent dip.
The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.
Nigeria's foreign direct investment (FDI) remains a fraction of its peers with inflows amounting to just 0.5% of its GDP, findings from ...
The Central Bank of Nigeria (CBN) has increased exchange rate to clear goods at the nations ports as Nigeria Customs begins ...
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
Nigeria’s external reserves have decreased by approximately $1.19 billion over the past three weeks, according to data from ...