Business

Naira Appreciates as CBN Clears $7bn Backlog
- By Adeyinka Arutu
- . March 21, 2024
The Nigerian Naira made significant gains against the US dollar on Wednesday, marking a notable rebound both at official and

Naira Rises to N1,570 at Parallel FX Market
- By Adeyinka Arutu
- . March 14, 2024
the naira saw a 1.88 percent appreciation on Wednesday, reaching N1,570 at the parallel segment of the foreign exchange (FX)

House of Representatives Launches Probe into Cryptocurrency and eNaira
- By Adeyinka Arutu
- . March 6, 2024
The House of Representatives has taken decisive action, resolving to delve into the intricate world of cryptocurrency, digital assets, and

We Are Not To Blame for Economic Woes-Central Bank Governor
- By Adeyinka Arutu
- . February 28, 2024
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), addressed concerns regarding the country’s economic challenges during the

Naira Appreciates to N1,650 per Dollar In The Parallel Market
- By Adeyinka Arutu
- . February 27, 2024
The naira strengthened to N1,650 per dollar at the parallel foreign exchange market on Monday, marking a 6.78% appreciation from

Federal Government Sets $10 Billion Target to Boost Forex Liquidity
- By Adeyinka Arutu
- . February 20, 2024
In a bid to stabilize the nation’s currency, the Federal Government has announced a target of raising $10 billion to

Naira Hits Record Low, Exchanges Above ₦2,000 Against British Pound
- By Adeyinka Arutu
- . February 19, 2024
Amid the prevailing economic challenges in Nigeria, the local currency has reached a new low, surpassing the ₦2,000 mark against
Federal Government Rules Out Food Importation Says Nigeria Is Self Sufficient
- By Adeyinka Arutu
- . February 16, 2024
During a press briefing at Aso Villa, Abuja, the Minister of Information and National Orientation, Mohammed Idris, reinforced the Federal

Access Holdings Plc Appoints Bolaji Agbede as Acting Group CEO Following Tragic Loss
- By Adeyinka Arutu
- . February 13, 2024
Access Holdings Plc has named Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) in the wake of the

Naira Drops to Record Low Against Dollar, Stirring Economic Concerns
- By Adeyinka Arutu
- . February 13, 2024
On Monday, the Nigerian Autonomous Foreign Exchange Market witnessed a significant downturn as the national currency, the naira, plunged to