Despite the depreciation of the Nigerian naira, Nigerian billionaire Femi Otedola's fortune has grown dramatically, defying the economic troubles that have plagued many of his contemporaries.

The Naira on Friday, depreciated to N1,700 per dollar in the parallel market from N1,675 per dollar on Thursday.

THE Federal Government has made clarifications on the recent increase in passport fees, saying it is not feasible for the ...

The Nigerian naira took advantage of weak U.S. dollar index readings in the official market and a surprise interest rate hike by the CBN amid ongoing dynamics in Nigeria's fragile FX market.

In a move that has sent shockwaves through Nigeria's financial landscape, the Central Bank of Nigeria's Monetary Policy Committee (MPC) has once again defied expectations.

Festus Osifo, President of PENGASSAN, has disclosed that the naira devaluation by President Bola Tinubu's government is ...

Infosys-owned core banking software, Finacle has been in the news lately for good. For instance, one online tech news ...

Ojo, on Friday, justified the recent increase in passport fees, clarifying that the rise was approximately 45%. He attributed ...

Okuneye Idris Olanrewaju, often known as Bobrisky, a Nigerian crossdresser, has found himself at the focus of a growing storm ...

Bobrisky, whose real name is Idris Okuneye, was released from prison last month after serving a six-month sentence for ...

The Federal Government has suspended some senior officers of the Nigerian Correctional Service (NCoS) over bribery ...