The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary ...

Geopolitical instability often leads to capital flight, where investors move their funds to safer markets. For Nigeria, this can result in reduced foreign direct investment (FDI) and pressure on the ...

The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...

CBN has introduced Non-Resident Nigerian accounts to enhance foreign capital inflows, enabling diaspora Nigerians to remit earnings and invest locally.

The Nigerian currency, the naira, slumped against the dollar at the official window on the last trading day of the week on Friday, January 10, 2025. This means, the naira only recorded a gain in the ...

The Central Bank of Nigeria has announced two new types of accounts for Nigerians living abroad as part of its efforts to ...

Social media critic Verydarkman calls out prominent Nigerian activists for remaining silent on the case of Rasak Okoya’s sons ...

ShareTrevor Ward is the Managing Director, W Hospitality Group, a leading global hospitality consortium operating out of ...

Central Bank of Nigeria (CBN) has introduced a non-resident Nigerian Investment Account (NRNIA) and Non-Resident Nigerian ...

The son of Nigerian billionaire Chief Okoya apologizes for abusing the Naira in a viral video. The video triggered widespread ...