Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief ...

The Office of Nigeria's Inspector General of Police (IGP) is in court with some Nigerian businessmen accused of allegedly fraudulently ...

The Kwara State Government has initiated an investigation into the unusual flooding that submerged rice farmlands spanning ...

The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

The Financial Reporting Council, FRC, has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards, IAS 29, is not necessary in ...

NESG Economic Outlook 2025 projects inflation to fall to 24.7% in 2025, with the Naira stabilizing at N1,300/$ due to improved fiscal.

A strong U.S. dollar under President Donald Trump's leadership poses a threat to the naira and foreign investments, analysts ...

THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International ...

NIGERIA’S telecom industry is at a crossroads. The recent approval of a 50 per cent tariff hike by the Nigerian ...