The naira has sustained its strong performance as the local currency appreciated to close at N1,505/$1 at the parallel market on Thursday, gaining N9 from N1,514 it sold on Wednesday.This is as the ...

The RBI has forecasted the consumer price index (CPI) inflation to be 4.2 per cent for both the fourth quarter of the current ...

Discussing the unorganised sector, Prof. Ashwani Mahajan, Author, Columnist, & National Co-convenor of Swadeshi Jagran Manch, ...

CBNThe Centre for the Pro­motion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for its decision to pause rate hikes. Dr. Muda ...

Global uncertainties pushed Dr. Nagesh Kumar to go for a 25 basis points rate cut during the February RBI MPC. The external ...

The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This ...

The steady appreciation of the naira was as a result of some $8 billion the federal government had used to keep it up to its ...

In his inaugural speech on 7 January 2025, President Mahama outlined his vision for a 24-hour economy, where “our markets are ...

RBI governor, Shaktikanta Das, as the Principal Secretary to PM Modi today. His tenure will be co-terminus with that of the ...

The naira maintained stability across foreign exchange (FX) markets despite steady decline in external reserves. Data from the Central ...

The market participants are expected to maintain cautious stance in the truncated week ahead starting from February 24, with ...