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Business News

Crack Down on Diversion of Diaspora Remittances: BDC Operators and CBN Join Forces

In a strategic move to combat the diversion of diaspora remittances away from official channels, Bureau De Change (BDC) operators in Nigeria have forged...

Business News

Economist Intelligence Unit Predicts Continued Pressure on Naira, Expects Depreciation to N1,018 per Dollar by 2027

In a recent report, the Economist Intelligence Unit (EIU) has warned that the pressure on Nigeria's national currency, the naira, is expected to persist...

Business News

Breaking News: Suspended Central Bank Governor Godwin Emefiele in Custody, Department of State Services Confirms

The Department of State Services (DSS) has officially announced that the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, is currently in...

Business News

Naira Depreciates Against Dollar: Impact of Strong Demand and Scarcity on Nigeria’s Forex Market”

Nigeria's currency, the Naira, experienced a decline against the United States dollar on Thursday due to heightened demand from importers and travelers, compounded by...

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