Events such as the Asian financial crisis, the global financial crisis, the taper tantrum in the US, have put pressure on the ...
Despite Nigeria's food importation bill reaching N7.65tn, the hunger crisis deepens. Experts cite low income, high costs, and logistical issues.
Experts attribute the rise to easing US-Iran tensions and a relief rally following recent short selling, though caution is ...
When exploring global investing, understanding stock prices and economic growth is essential, but exchange rates play a ...
This week's rate rise left ABC readers asking "how would hiking rates stop inflation caused by an unavoidable cost like petrol that's spiking due to a war on the other side of the world?" ...
Think you’re paying low fees on international transfers? Hidden forex markups and bank charges can cost you up to 5%. Here’s ...
According to Seema Srivastava, Senior Research Analyst at SMC Global Securities, FIIs have recently been net sellers of ...
For some businesses, buying a new tractor is a blue-moon event, others might stretch to one or two a year, but precious few will have landed 11 in a ...
A new report reveals Nigeria's poverty rate surged to 63% after the petrol subsidy removal, significantly impacting household welfare and the economy.
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Thursday declared that the era of persistent naira ...
The Federal Government has reaffirmed its commitment to market-based petrol pricing, saying it will not introduce price controls despite rising ...
Discover how the interbank call money market facilitates short-term borrowing and lending between financial institutions to meet liquidity needs at interbank rates.