The Central Bank of Nigeria (CBN) and the National Identity Management Commission (NIMC) recently acknowledged the impact being made by the global organisation Mercy Corps and...
Global markets felt pressured during trading on Tuesday as the elevated concerns over the immeasurable impacts of a Brexit to the global economy weighed heavily on...
African countries share some of the world’s highest speeds of digital growth with people now constantly in pursuit of faster and more convenient ways of paying...
Aleda, a French company specialising in paperless payment solutions and money transfers, has established itself as a key player in the sector with the recent launch...
The Naira bears received ample encouragement during trading on Monday with prices depreciating more than 40% against the Dollar at 280 following the central bank of...
The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interbank...
Pent-up demand for dollars may push Nigeria’s naira at least 20 percent weaker when the Central Bank of Nigeria (CBN) allows the currency of Africa’s biggest...
The International Monetary Fund said it welcomed the decision by Nigeria’s central bank to abandon its currency peg and adopt a flexible exchange rate policy, saying...
The Central Bank of Nigeria (CBN) is “reasonably optimistic” the naira will settle at around 250 to the U.S. dollar after an initial period of weakness...
Global markets received a pleasant surprise during trading on Wednesday following the Central Bank of Nigeria’s (CBN) unanticipated decision to de-peg the Naira against the Dollar...