On Tuesday, September 24, 2024, the Nigerian naira further depreciated against the US dollar, closing at N1,658.48 in the ...

According to Yemi Cardoso, the governor of the CBN, the need for foreign currency will decline after petroleum products are ...

Amid an increase in foreign reserves and a hike in Nigeria's interest rates, the naira fell against the US dollar, ...

At a press conference in Lagos on Tuesday, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) addressed the pressing challenges facing the oil and gas industry, with a focus ...

Aliko Dangote, the President of Dangote Group has reiterated that his $20 billion Lagos-based refinery will stabilize the ...

Nigerian billionaire Aliko Dangote said the “time is right” for the West African nation to end a decades-long subsidy on fuel ...

By Elizabeth Adegbesan The Naira depreciated to N1,658.48 per dollar in the Nigerian Autonomous Foreign Exchange Market, ...

The federal government reached an agreement to supply 12 million barrels of crude oil to Dangote Refinery in October, as part ...

Olayemi Cardoso, governor of the CBN, says money supply increased by N35 trillion within eight years due to ways and means ...

African currencies were in the spotlight after some of the top central banks delivered their interest rate decisions. Most of ...

With its oil wealth, Nigeria should be awash with foreign currency. But years of economic mismanagement have left the country ...

"We must recognise that without resolving the underlying economic fundamentals, we will continue to sub-optimise," Mr Cardoso said.