The Nigerian naira recorded significant gains in the parallel market on Friday, appreciating by N20 against the U.S. dollar to close at N1,610/$1, up from N1,630/$1...
The naira appreciated significantly against the dollar at the official foreign exchange market on Tuesday, following a rise in FX supply. According to data from the...
The federal government intends to impose a 50% tax on profits banks earn from foreign exchange revaluation in 2023. This proposal is outlined in the amendments...
The Minister of Power, Adebayo Adelabu, expressed optimism about the potential for a reduction in electricity tariffs for Nigerians due to the recent appreciation of the...
