Category : Search result: Dollar demand Nigeria


CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

Kidnappers Demand ₦100m for Abducted Man in Kogi

A Nigerian family pleads for help after kidnappers abducted their relative along Obajana Road in Kogi State. The widow's son was traveling in an 18-seater bus when gunmen struck. Support needed urgently.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

Army arrests notorious kidnap suspect in Taraba

Nigerian troops arrest notorious kidnap suspect Umar Mus Geyi in Wukari, Taraba State. Suspect linked to multiple abductions, including Alhaji Jano's kidnapping. Military intensifies search for victims.

Mum Finds Son's Body in Museum Exhibition

A heartbroken mother claims she discovered her deceased son's body displayed in Las Vegas museum. Kim Erick demands DNA tests after recognizing distinctive features on preserved corpse.

Naira loses N14.29 to dollar as trading week ends low

The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.

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.

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