The five Naira note has undergone several transformations. Originally printed on paper – without the portrait of a Nigerian ...

Additionally, as NNPC continues to implement reforms and considers potential privatisation or public listing, its valuation ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

Titles are much more than just prefixes in Nigeria; they are powerful symbols of respect, recognition, and influence. Renowned Nigeri­an author, the late Peter Enahoro, had often pondered the ...

Nigeria’s economic landscape is at a pivotal juncture. Faced with fluctuating oil prices, rising inflation, and currency devaluation, the country’s foreign reserves remain under constant strain.

Nigeria plans to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in ...

Gold has always carried weight in Nigeria, and not just in grams and karats either. It’s a symbol as much as it is an asset—a ...

A group under the auspices of the Sea Empowerment Research Centre has said that the currency swap deal between Nigeria and China may pose several challenges to Nigeria’s active participation and ...

The digital token, known as $TRUMP, which launched on Friday, saw its price jump from less than $10 on Saturday to a peak of $74.59 before adjusting slightly on Monday.According to Reuters, the surge ...

People’s Bank of China has renewed its bilateral currency swap agreement with the Central Bank of Nigeria to the tune of N3.28 trillion naira or 15 billion yuan, an equivalent of $2.09 billion.

While everyone was paying attention to Russia, Nigeria started having its own currency crisis. The naira has spiked to almost 187 NGN per dollar over the last month, up from a price in the 160-165 ...

The lettering states the note's currency value ... Arabic was included on the Nigeria army logo to deflect criticism that the star looked like a Jewish symbol The army logo is actually in Arabic ...