As demand for foreign exchange drops, the Naira to dollar exchange rate rose significantly at the parallel market, making Naira gains significantly — ending at N465/$1...
The Central Bank of Nigeria (CBN)’s Statistics Department has conducted the December 2020 PMI survey the period of December 7-11, 2020. Brandnewsday understands that the respondents were...
The Central Bank of Nigeria (CBN) in its released report of the Q4 2020 consumers expectations survey revealed that consumers optimism in the quarter were negative...
As the Nigerian economy becomes unstable, the Naira exchange rate is volatile in the foreign exchange rate market, also, it is naira to dollar trends is...
The Federal Government has ordered an immediate re-opening of four (Border Reopening) of its critical land borders. The borders were closed in August 2019 to minimize...
The financial industry (Fintech) is undergoing rapid technological change. Traditional banks face competition from online start-ups with no physical branches. Social media and other digital platforms...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, risks a two-year jail term over refusal to pay N182 billion judgement debt, Brandnewsday gathers. This online...
Foreign Exchange Rate (forex) increases by 78.7%, as the Naira exchange rate at the Nigerian Autonomous Foreign Exchange (NAFEX window) slumped against the US dollar closing at...
Central banks have played a pivotal role in easing financial conditions in response to the COVID-19 shock and helped avert a catastrophic (Interest Rates) downturn. However, their...
Naira appreciates against the US dollar as the Central Bank of Nigeria (CBN) continues to record dollar supply into the foreign exchange market, Brandnewsday gathers. Forex...