IBM has decided to end its regional presence in Africa, including Nigeria, and has transferred its operations to a third ...

The naira has appreciated by 3% in the parallel market, closing at ₦1,570/$1, gaining ₦50 within five days. The naira ...

Inflation in Nigeria is expected to experience a significant decline in 2025, driven by a combination of factors, such as for a ...

CBN announced the deadline extension on Monday, February 3, 2025, allowing eligible operators to access the official window ...

The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

It is crucial to note that the Nigerian telecom industry is currently under immense pressure, and this tariff increase is not ...

According to the EFCC, between 2021 and 2022, the defendants failed to obtain a valid licence from the Central Bank of Nigeria (CBN) before engaging in investment management activities involving one ...

Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...

Some of the reforms done by Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, have started paying off as foreign investors take ...