
The federal government has promised to distribute funds to over 2 million of Nigerian households under the Conditional Cash Transfer (CCT) programme.
The federal government has promised to distribute funds to over 2 million of Nigerian households under the Conditional Cash Transfer (CCT) programme.
The Nigerian currency has appreciated in value against the US dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX), the official market.
Nigerian commercial banks have reported a further increase in their profit in the first half of 2024, with Guaranty Trust Bank leading the pack during the period.
Nigeria's Aliko Dangote has emerged as the richest black man in the world after earning a massive $15 billion in 24 hours, clinching the position from David Seward.
Olayemi Cardoso, the governor of the Central Bank of Nigeria, has provided the reasons for the naira's free fall against the US dollar and other currencies.
A Nigerian business man, Henry Mobolaji Akinduro, has protested being declared wanted by the Economic and Financial Crimes Commission (FECC), saying it's unlawful.
Aliko Dangote's net worth has reached a historical level after making over N24 trillion in just 24 hours, and he is now back among the world's top 100 billionaires.
The Nigerian currency has been ranked among the worst-performing currencies in Sub-Saharan Africa, moving up two places from its previous ranking in 2023.
On October 14, 2024, the Nigerian naira hit a new record low, closing at N1,700 per dollar on the parallel market, according to data from BDC operators.
The Nigerian currency continued its decline against the United States Dollar on the Nigerian Autonomous Foreign Exchange Market despite CBN intervention.
Money
Load more