EFCC Arrests Archbishop for Naira Abuse
EFCC arrests Archbishop Angel Oyeghe for naira mutilation after viral video showed money sprayed on cow during church event. Suspect faces charges under CBN Act.
Category : Search result: Naira appreciation
CBN: Abuse of Naira is a Punishable Offence
The Central Bank of Nigeria has warned citizens against the abuse of the Naira, stating that spraying, hawking, or mutilating the currency is a punishable offence. Respect our national symbol.
Naira falls 0.39% against dollar, CBN to intervene
Naira depreciates to N1,448.03/$1 in official market as traders quote new rates. CBN expected to resume strong intervention to prevent further decline. Full analysis inside.
Nigeria's FX inflows fall to $672m despite naira strength
Nigeria's foreign exchange inflows dropped to $672.30 million despite naira strengthening in both official and parallel markets. Foreign portfolio investors remain key dollar suppliers as analysts warn of speculative risks.
Inflation Falls to 16.05% Amid Food Price Drop
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
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Monica Cash offers Nigerians instant Bitcoin to Naira conversion at competitive rates. Convert BTC securely, pay bills, and access virtual dollar cards all in one app. Join 500,000+ trusted users today!
Naira falls against dollar despite rising FX reserves
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.
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Baba Ijesha's First Video After Prison Release
Nollywood actor Baba Ijesha shares appreciation video after release from prison. Discover his next moves and public reactions to his freedom after 3 years.
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Naira falls to 10-day low against US dollar
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.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Naira Visa Cards Boost Cross-Border Spending Confidence
Nigerians can now spend globally with confidence using Naira Visa cards. Secure transactions, fraud protection, and seamless payments for education, business, and travel needs.
GTBank Raises Naira Card Dollar Limit to $6,000
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Glo Rewards 160 Partners with Millions at Gala
Globacom celebrated its top business partners at the 2025 Appreciation Gala, distributing millions in cash prizes to 160 dealers who exceeded performance targets. Read about the winners and Glo's latest offers.
Nigerian Diaspora Protests at EU Embassy Over Economic Crisis
Nigerians in Europe unite in powerful demonstration at EU headquarters, demanding urgent action on economic crisis and insecurity plaguing their homeland.
Nigeria's $2.35B Eurobond Success Amid Naira Challenges
Nigeria's currency faces ongoing challenges while the Federal Government achieves a major financial milestone with overwhelming international investor confidence in its latest Eurobond offering.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
Wema Bank Rewards Teachers with ₦4.5M Prizes
Wema Bank's 'Thank You Teacher' initiative celebrates educators with cash prizes, gadgets, and recognition, reinforcing commitment to educational development in Nigeria.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Ciara Stuns in Custom Ijaw-Inspired Cultural Gown
International superstar Ciara honors Nigerian heritage with breathtaking custom Tubo dress, embracing Ijaw cultural elements during recent high-profile appearance.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
Trump Threat Worsens Naira Crisis - CPPE
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Naira Hits 2025 Peak as Reserves Reach $43.17 Billion
Nigeria's currency hits strongest position this year while foreign reserves climb significantly, signaling economic turnaround under CBN's new reforms.
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