Nigeria to lose $15.4 billion; banks, others reverse performance outlook By JULIUS ALAGBE As the impact of COVID-19 continues to be felt globally, there are indications...
The naira was stable at the different segments of the Nigerian foreign exchange on Wednesday. The local currency remained unchanged at N361.00/$1 at the official forex...
The Federal Inland Revenue Service (FIRS), in its response to the impact of the Coronavirus on its operations, has launched business continuity plan and measures to...
By UCHE CHRIS As we grapple with the effects of the COVID-19 pandemic Nigerians are suddenly faced with its economic reality. What began as a health...
By FELIX OLOYEDE The pressure on the naira has intensified as foreign investors scrambled for scarce dollar in the country, moving their investments to a safer...
The naira exchange rate was stable at the Investors and Exporters (I&E) FX window at N383/$ on Friday. It opened at N388.40, traded high at N401.45...
BY EMEKA EJERE The decision of the Central Bank of Nigeria (CBN) to collapse the multiple exchange rate policy that determined the value of the naira...
The cash and transfer rates of the naira depreciated by N4 and N5 to close at N400.00 and N415.00/$ respectively at the parallel market on Wednesday....
In response to the rising cases of coronavirus in the country, the Central Bank of Nigeria (CBN) has directed its nonessential staff to work from home...