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The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...

The naira has appreciated against the dollar in the official foreign exchange market on Thursday, May 8, 2025, trading at ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Explore how Nigeria's public debt surged by N57.3tn within 18 months. Understand the implications of this financial trend.

In his critique, Dr. Benard Andrew stresses that true worship transcends buildings, urging churches to focus on lasting ...

“With Brent crude falling below $60 per barrel, Nigeria’s already stretched fiscal position is at risk,” one analyst noted. “The naira’s depreciation reflects the market’s reaction to reduced dollar ...

How can a nation grappling with high inflation continue to organise expensive by-elections that guzzle billions of naira?

Billionaire Sam Altman’s OpenAI and Microsoft are engaged in high-level negotiations to redefine the terms of their ...