Geopolitical instability often leads to capital flight, where investors move their funds to safer markets. For Nigeria, this can result in reduced foreign direct investment (FDI) and pressure on the ...
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...
CBN has introduced Non-Resident Nigerian accounts to enhance foreign capital inflows, enabling diaspora Nigerians to remit earnings and invest locally.
The Nigerian currency, the naira, slumped against the dollar at the official window on the last trading day of the week on Friday, January 10, 2025. This means, the naira only recorded a gain in the ...
Social media critic Verydarkman calls out prominent Nigerian activists for remaining silent on the case of Rasak Okoya’s sons ...
ShareTrevor Ward is the Managing Director, W Hospitality Group, a leading global hospitality consortium operating out of ...
The son of Nigerian billionaire Chief Okoya apologizes for abusing the Naira in a viral video. The video triggered widespread ...
The Central Bank of Nigeria (CBN) has announced the launch of two new account types targeted at Nigerians in the diaspora: ...
The naira depreciated against the dollar to end the week on a negative note at the official foreign exchange market. FMDQ ...
Nigerian social media activist VeryDarkMan has criticised the Economic and Financial Crimes Commission (EFCC) and the Nigeria ...
The Nigerian Police Force (NPF) has identified and detained an officer featured in a viral video allegedly involved in the ...