Dollar to Naira Exchange Rate: The Instability, Depreciation, and CBN Strategies

The dollar to naira exchange rate has been a hot topic lately, and for good reason.…

Naira Surges with Impressive 19.17% Gain Against US Dollar in Forex Market

In a remarkable turnaround, the Naira showcased a substantial surge against the US dollar in the…

Naira Strengthens in Response to Reduced Dollar Demand Amidst Central Bank Transition

On Monday, the Naira showed signs of strength, increasing in value by 0.30 percent due to…

President Tinubu Nominates New CBN Governor and Deputy Governors, Focusing on Economic Reform

President Bola Tinubu has given his approval for the appointment of Dr. Olayemi Michael Cardoso as…

Former Finance Director of Central Bank of Nigeria Arrested Amid Financial Reporting Investigation

Benjamin Fakunle, the former Finance Director of the Central Bank of Nigeria (CBN), has been apprehended…

Nigerian Mobility Startup Mecho Autotech Raises $2.4M to Revolutionize Automotive Spare Parts Supply Chain

Nigerian mobility startup Mecho Autotech has secured $2.4 million in pre-Series A funding to expand its…

WhoGoHost Acquires SendChamp

WhoGoHost, a Nigerian cloud infrastructure firm, has announced its acquisition of SendChamp, a cloud-based communication startup,…

Nigeria now 4th on World Bank’s Debtor list

Nigeria now ranks among the top 10 IDA debtors according to the World Bank due to…