Nigeria FX Market Reaches $500m Daily Turnover
CBN Governor Cardoso reveals Nigeria's FX market now records $500m daily turnover without central bank intervention, marking a new era of transparency and stability.
CBN Governor Cardoso reveals Nigeria's FX market now records $500m daily turnover without central bank intervention, marking a new era of transparency and stability.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
Colombian President Gustavo Petro reveals US pressure on Venezuela targets oil reserves, not drug trafficking. Exclusive analysis of geopolitical tensions in Latin America.
Vice President Kashim Shettima has returned to Abuja after representing President Tinubu at G20 and AU-EU summits, where he advocated for UN Security Council reforms and Africa-led security frameworks.
Vice President Shettima concludes diplomatic missions at G20 and AU-EU summits, advocating for UN Security Council reform and addressing Kwara security crisis. Read Nigeria's global stance.
The Trump administration announces $100 surcharge for foreign visitors to US national parks starting 2026. Annual passes triple to $250 for non-residents. Learn how this affects Nigerian travelers.
US President Donald Trump initiates process to designate Muslim Brotherhood chapters as foreign terrorist organizations. Executive order targets groups in Lebanon, Egypt, and Jordan.
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Naira depreciates by 0.98% to N1,456.72/$ 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.
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
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.
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
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.
Nigeria's government cancels indigenous language teaching policy after WAEC, NECO failures surge. Education Minister cites evidence-based decision for English-only instruction.
CBN executives and economic experts emphasize urgent need for coordinated monetary and fiscal policies to achieve Nigeria's economic stability. Learn about the new framework.
US House Foreign Affairs Committee condemns terrorist attack on Kwara church, calls it reality Nigerian Christians face. Meeting held with Nigerian officials to address persecution.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
Bishop Francis Oke urges Nigerian government to invest in healthcare infrastructure to prevent youth deaths and stop leaders' medical tourism. Join the movement for better health.
President Bola Tinubu receives security-cleared ambassador list. DSS completes background checks. List awaits transmission to Senate for confirmation. Read latest updates.
Nigerian soldiers fighting Boko Haram in Yobe warn against US military intervention, citing internal nature of crisis and questioning American motives. Read exclusive details.
A Nigerian thrift vendor discovered 6,000 Korean won while unpacking bags at Katangua market in Lagos. The viral TikTok video sparked online buzz as people calculated the actual value in Naira.
US President Donald Trump warns countries doing business with Russia will face severe sanctions. Read latest developments on US-Russia relations and energy sector impacts.
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
Excessive international sanctions by Western nations are creating unintended consequences, including global polarization and alternative systems. Discover how this affects Nigeria and the world.
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Exclusive: Former INEC National Commissioner Prof. Lai Olurode breaks down the racial, economic and political factors driving Trump's controversial threat against Nigeria if re-elected.
Chinese Embassy in Abuja celebrates Nigeria-China relations as Donald Trump threatens 60% tariffs on Chinese imports, highlighting Nigeria's growing global importance.
Trump administration don inform US Congress say dem currently no get legal justification to carry out military strike against Venezuela. See wetin dis mean for international politics.
The Federal Government maintains Nigeria is not panicking over recent US sanctions threats, emphasizing diplomatic engagement and national stability. Get the full details on Nigeria's strategic response.