The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 196 pips to 6.8658 against the dollar on Thursday, according to the China Foreign Exchange Trade System.

The Shell Petroleum Development Company of Nigeria  (SPDC) on Wednesday denied claims that it was in violation of Nigerian Content laws at the EA fields in Bayelsa.

The International Monetary Fund (IMF) said on Tuesday that the economic prospects of emerging market and developing economies were on average stronger than advanced economies.

The World Bank Group President, David Malpass says global growth is expected to be weak in 2023, slowing to two percent from 3.1 percent in 2022.

The National Bureau of Statistics (NBS), says total capital importation in Nigeria stood d at 1,060.73 million dollars in quarter four of 2022.

The Naira depreciated against the dollar on Thursday, exchanging N461.50 at the investors’ and exporters’ window.

Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments, and the Federal Capital Territory hit N46.25 trillion or 103.11 billion dollars in Q4 2022.

The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for the position of the next President of the bank.

Access Bank in partnership with AfriGOpay, has launched the first national domestic card designed to meet the needs of the Nigerian payment industry.

The Nigerian Exchange Ltd. (NGX) on Tuesday witnessed a further drop in market indices by 1.2 percent, amid sustained negative investment sentiments.

The Naira depreciated against the dollar on Monday, exchanging N461.50 at the investors’ and exporters’ window.

Nigerian consumers have called for greater innovation from money transfer providers to support their remittance needs, according to Western Union’s inaugural Global Money Transfer Index.