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![Today's Naira Rate[25-10-2024]: Naira Hits N1,739/$ in Parallel Market](/data/attachments/209/209508-860af933db8f0e136367e45ab10c9013.jpg?hash=bRaHhFf4n0)
The Naira has depreciated to N1,739 per dollar in the parallel market, reflecting ongoing currency volatility. Conversely, it appreciated to...
The Central Bank of Nigeria has confirmed there is no deadline for using old naira notes, dismissing rumors of a December 31, 2024 cutoff. Both...
Air Peace, one of Nigeria’s largest airlines, will increase domestic flight fares starting November 1, 2024. A leaked internal memo reveals price...
The Nigerian government plans to progressively raise the Value Added Tax (VAT) from 7.5% to 15% as part of efforts to enhance local revenue and...
The Nigerian House of Representatives has urged the Central Bank to withdraw old Naira notes and enhance the circulation of new N200, N500, and...
![[VIDEO] Rufai Oseni and Iyin Aboyeji Clash Over Economic Strategies on Arise TV](/data/attachments/209/209440-3ced3182b5fd26086cae5ae1b1f52c49.jpg?hash=--4V2EzBJj)
In a recent Arise TV interview, Flutterwave founder Iyin Aboyeji argued that Nigeria's weak Naira benefits the economy, despite concerns about...
The IMF has reduced Nigeria's growth forecast for 2024 to 2.9%, down from 3.3%, citing low crude oil production and severe flooding as primary...
In mid-2024, African countries are grappling with high debt-to-GDP ratios due to excessive borrowing, economic mismanagement, and political...
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