The Naira for Cude oil policy, introduced in October 2024 by the Federal Government was designed to allow local refineries to buy crude in naira, cut dependence on imported fuel and boost…
In a move that has sparked widespread public outcry, the Central Bank of Nigeria CBN has enforced new ATM withdrawal charges effective March 1, 2025. The revised fees include a charge of…
The cost of importing goods into Nigeria is set to rise as the Nigeria Customs Service implements a new four percent charge on the Free On-Board Value of imports. Meanwhile, the Central…
Governor of the Central Bank of Nigeria, Olayemi Cardoso says efforts must be sustained to achieve a positive interest rate. Are the current interest rates high enough to sustain naira gain and…
Dangote refinery has been struggling to secure enough to meet its 650,000 barrel per day capacity, that's despite Nigeria being the continent's top oil producer and the Dangote site being one of…
The naira recorded its first appreciation against the dollar at the official foreign exchange market after weeks of depreciation. Analysts say the decline is due to decline in dollar liquidity in the…
The naira continues to trade around 1,300 against the greenback at the official market this week. Meanwhile, data from the CBN shows Nigeria’s currency in circulation has risen to 3.87 trillion naira…
Goldman Sachs expects the naira to extend recent gains following its record as the best performing currency in the world this month. The group forecasts the local currency could trade about 1,000…
What is considered abuse of the Naira? Did you know that the Naira has strict rules governing it? GuardianTV shed light on the laws and consequences surrounding the abuse of the Naira…