The Central Bank of Nigeria (CBN) unified all official exchange rate windows on June 14, 2023. This led to a sharp decline in the exchange...
Despite facing a difficult economic environment in 2022, Nigerian FMCGs reported a surge in revenues. The companies were just...
When we look at this month, we can see that on June 1st, 2023, Dollar to Naira was trading at a price of ₦755. As of...
First City Monument Bank (FCMB) has launched an asset finance facility that provides SMEs with access to N5 million to N100 million to purchase equipment.
According to recent data released by the National Bureau of Statistics, three states in Nigeria experienced the highest inflation rates in May 2023.
The deputy governor also cautioned against assessing whether the naira to dollar exchange rate had fallen to its lowest level, speculating...
When we look at this month, we can see that on June 1st, 2023, Dollar to Naira was trading at a price of ₦755. As of...
The president of the Nigeria Liquefied Petroleum Gas Association, NLPGA, Felix Ekundayo, has said that using gas for generators is safe and viable.
The depreciation of the naira at the I&E window is likely to have a significant impact on the cost of electricity in Nigeria...
The salary increases are a positive step for GT Bank's junior and contract staff, who have been struggling to make ends meet in the...
Nigerian investors made a significant profit of N544.807 billion from banks listed on the Nigerian Exchange Limited (NGX) as the local stock...
When we look at this month, we can see that on June 1st, 2023, Dollar to Naira was trading at a price of ₦755. As of...
Nigeria's inflation rate increased to 22.41% in May 2023, up from 22.22% in April. This is the fifth consecutive month that inflation has increased.
Nigeria’s public debt was quoted at N448.50/$1 by the Debt Management Office as the official exchange rate but this has now been...
When we look at this month, we can see that on June 1st, 2023, Dollar to Naira was trading at a price of ₦755. As of...
Information received by RNN suggests the central bank has authorized commercial banks and forex market dealers to sell foreign ...