Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...

Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

Nigeria plans to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in ...

Nigeria's telecoms regulator will approve a 50% increase in current tariffs following a request from telecommunications ...

The IAS 29 is a reporting standard that prescribes rules for financial reporting for companies that use the currency of a ...

The Financial Reporting Council (FRC) says Nigeria does not qualify as a hyperinflationary economy under existing standards.