The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has awarded 10 Gas Distribution Licences (GDLs) ...

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Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

This statement comes on the heels of a Bloomberg report highlighting an unusual period of stability for the naira. The Naira finds its footing as it stabilises: Bloomberg report A year after an ...

The value of the naira has depreciated further against the US dollar in the foreign exchange markets New data from FMDQ Securities shows that the naira fell slightly on Tuesday in the official market ...

The naira dropped against the dollar at official and parallel foreign exchange markets at the close of Wednesday amid Nigeria’s inflation rise. FMDQ data showed that the naira weakened further ...

Nigeria has lost $310 billion in its gross domestic product (GDP) in the last decade, driven by naira devaluation, low productivity and stagflation – a combination of high inflation, stagnant economic ...

The year 2025 is shaping up to be a year of hope or hubris for the Naira. Optimists believe that after two years of wild swings, Nigeria’s currency might finally settle into something resembling ...

The naira has been relatively unscathed as the United States dollar surged to a two-year high against major global currencies on Monday, continuing its strong performance after an impressive jobs ...

The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, sons of billionaire industrialist Razaq Okoya, for interrogation over alleged abuse of the naira. A video had gone ...

The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, the sons of Razaq Okoya, the billionaire industrialist, for interrogation over alleged abuse of the naira.

The Economic and Financial Crimes Commission (EFCC) has invited two children of billionaire businessman, Chief Razaq Okoya, for questioning over alleged naira abuse. The EFCC Spokesperson ...