The World Bank Group says Nigeria and other economies in Sub-Saharan Africa are effectively tackling their economic challenges, including exchange rate crises.

The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.07 percent, with the highest increase recorded by “Vehicles, aircraft, and parts.

African Export-Import Bank (Afreximbank) has inaugurated the Afreximbank Trade Payment Services or “AfPAY”.

The Naira fell significantly against the dollar Thursday at the parallel market, two days after the Central Bank of Nigeria made its biggest interest rate hike yet in a bid to check inflation and defend the currency.

The Naira on Tuesday exchanged at N436.33 to the dollar at the Investors and Exporters window, a depreciation of 0.08 percent, compared with N436 to the dollar on Monday.

First Bank of Nigeria Ltd., in partnership with Verve International, has inaugurated the third National Consumer promo designed to reward users of FirstBank verve card with gifts and cash prizes.

The Naira appreciated marginally against the dollar at the Investors and Exporters window on Tuesday as it exchanged at N436.25.

Nigeria's pioneer Non-Interest Bank, Jaiz Bank Plc, has announced the appointment of Dr. Sirajo Salisu as its new Managing Director/Chief Executive Officer.

The Naira on Thursday appreciated against the dollar at the Investors and Exporters window exchanging at N436.33.

Coronation Merchant Bank has projected a rise in Nigeria’s Consumer Price Index (CPI) to 22. 2 percent on a year-on-year basis.

The African Development Bank (AfDB) and the United Nations Capital Development Fund (UNCDF) have featured two innovative mechanisms for scaling up adaptation action and finance.

The Naira on Monday depreciated slightly against the dollar exchanging at 436.50 at the Investors and Exporters window.