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The naira depreciated further on Thursday, April 25, against the United States dollar.
At the official market, the Naira depreciated to N1,309/$ and N1,420 at the parallel market.
The new rate which indicates a depreciation of N90 or 6.8 per cent from N1,330 quoted by currency traders on Wednesday, April 24.
Bureau de change operators blame the depreciation on an increase in the demand for the dollars.
Spotify has unveiled Nigeria-specific data from its annual Loud & Clear report, highlighting how Nigerian artists generated more than ₦60 billion in revenue from...
Securities and Exchange Commission (SEC) yesterday said that Nigeria’s digital finance ecosystem recorded about $96bn in cryptocurrency and other virtual asset transactions. Emomotimi Agama,...
Nigerian banks, fintechs like LemFi, Kuda, and Moniepoint, plus Fidelity Bank, are expanding in the UK with millions in investments, creating hundreds of jobs,...
U.S. President Donald Trump on Tuesday accused NATO allies of a “very foolish mistake” for declining to join a U.S.-led mission to secure the...
