The crew started off by observing a massive contraction in import demand, suggesting an opportunity for economic revitalization. They also pointed out that the recent devaluation of the Naira was not ...

By Kazeem UgbodagaIn a dramatic reversal, Dangote Petroleum Refinery has resumed the sale of petrol denominated in naira, less than 24 hours after announcing a suspension of local currency ...

The naira extended its rally this week, closing at N1,497/$1 on Monday at the official Nigerian Foreign Exchange Market—one of its strongest levels in recent months. The rebound is being driven by a ...

As Nigeria marks its independence this October, it’s also an opportunity to reflect on the state of the economy. That was the ...