PDP Chieftain: Hunger, Not Money, Will Decide 2027
UK-based PDP chieftain Niyi Aborisade warns that economic hardship, not political defections, will determine President Tinubu's fate in 2027. He alleges APC is deliberately weakening opposition.
Category : Search result: naira crisis
Sudan: 10,000+ Displaced in 3 Days Amid Escalating War
UN reports over 10,000 people displaced in Sudan in just 3 days as violence spreads. The conflict has created the world's largest hunger crisis. Read the full report.
CBN Pumps $150M to Defend Naira Amid Forex Crunch
The Central Bank of Nigeria intervened with $150 million to support the naira after a sharp 50% drop in weekly FX inflows. The move led to a slight appreciation of the currency and a marginal rise in external reserves. Read the full analysis.
Carter Efe's Twitch Ban Exposes Africa's Streaming Dilemma
Carter Efe's record-breaking stream with Davido hit 83k viewers, but a 24-hour ban and subscriber stagnation reveal the harsh economic and governance realities facing Nigerian creators. We analyze the data.
Withdraw USDT to Naira Bank Card: Best Methods
Discover the most efficient ways to convert Tether (USDT) to Nigerian Naira (NGN) directly to your bank card. Learn why online exchangers are the preferred choice for fast, secure transactions in Nigeria.
Naira Gains Against Dollar, Experts Predict 2026 Rate
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Naira Strengthens, Black Market Dollar at ₦1,478
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
Naira Falls, FX Reserves See First Decline in Over 2 Months
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Diaspora Investors Drive Growth, Expose Real Estate Fault Lines
Nigerians in diaspora are now the primary force in luxury real estate, driving sales with over $6 billion annually. Their investments fuel growth but also reveal deep-seated issues like fraud and title insecurity. Discover the full impact and the push for
CBN Projects Naira Stability, Lower Borrowing Costs for 2026
The Central Bank of Nigeria's latest survey reveals businesses expect naira stability and lower borrowing rates into 2026, despite ongoing challenges like insecurity and high taxes. Read the full report.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Lady: Men Earning N1m-N2m Are Too Poor To Date Me
A Nigerian lady's viral video declaring men who earn N1-2 million monthly as 'poor' and unfit to date her has ignited fierce social media debate. Discover the full story and reactions.
Ghanaian Pastor's 2026 Prophecy Warns Nigeria of Crisis
Ghanaian Apostle Elijah Kofi King unveils a dramatic 2026 prophecy for Nigeria, warning of bloodshed, flooding, and a major anti-corruption exposé. Read the full forecast and its implications.
Smartphone Prices Crash as Naira Stabilises, Shipments Grow
Nigeria's smartphone market rebounds as naira stability lowers prices for iPhone, Samsung, Tecno, and others. Shipments rise, making Nigeria a bright spot in Africa's tech story. Read more.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Behind Funke Akindele's Record 200M Naira Opening Weekend
Discover the strategic marketing and grassroots efforts that powered Funke Akindele's latest film to a historic 200 million Naira opening weekend. Learn the secrets behind the numbers.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
Buhari Book: EFCC, Not Emefiele, Created Naira Redesign
A new biography reveals the controversial naira redesign was an EFCC plan to starve vote buyers. Discover the untold story behind Nigeria's cash crisis.
Buhari's Naira Redesign Aimed at Curbing Vote-Buying, Book Says
A new book unveils that former President Muhammadu Buhari approved the controversial naira redesign to tackle election vote-buying, not to target any political party. Get the full details here.
CBN's $250M Intervention Lifts Naira in Forex Market
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
Nigeria's Crisis: Insecurity, Inflation & Governance Failures
An in-depth analysis of Nigeria's overlapping crises in 2025: escalating insecurity killing thousands, soaring food inflation, and governance failures. Discover the root causes and a 7-step framework for national recovery.
N66.42tr Hits Federation Account in 3 Years
Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.
CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B
The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.
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.
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