Category : Search result: foreign powers Nigeria


CBN Directs Banks to Enable Foreign Card Use on ATMs, POS

The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.

PDP Slams Supreme Court on Rivers Emergency Ruling

The Peoples Democratic Party warns that the Supreme Court's stance on Tinubu's Rivers State emergency declaration threatens Nigeria's democracy. Read the full details and public reactions.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Gumi: Foreign Powers Backing Terrorists in Nigeria

Prominent Islamic scholar Sheikh Ahmad Gumi claims wealthy foreign actors support bandits, worsening Nigeria's insecurity. He advocates for addressing root causes and strategic force. Read his full analysis.

Constitution Review Enters Final Sprint in Nigeria

Nigeria's National Assembly and state speakers align on key constitutional amendments. Discover the historic changes coming to governance, security, and power devolution. Read the latest updates now!

Over 70 Foreigners Arrested in Ogun State

Ogun State Governor Dapo Abiodun announces the arrest of over 70 foreigners from Niger, Chad, and Sudan. The state is implementing new security measures to combat banditry and terrorism.

Naira weakens to N1,456.72/$ as economy faces pressure

Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.

US Congressman: Christians Persecuted in Nigeria

US Congressman declares severe Christian persecution in Nigeria, cites 17,000 deaths since 2019, questions US aid, and links crisis to Nnamdi Kanu's detention despite court orders.

Naira Recovers Against Dollar as FX Reserves Soar

Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.

Sudan's Resource War Fuels Brutal Civil Conflict

The scramble for Sudan's gold, farmland, and coastline by foreign powers is fueling a brutal civil war that has killed thousands and displaced millions. Discover the hidden economic drivers behind the crisis.

PRP Slams Turaki's Call for Foreign Intervention

Peoples Redemption Party condemns PDP chairman Kabiru Turaki for urging foreign powers to intervene in Nigeria's political affairs. Read why this move threatens national sovereignty.

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