Naira Hits ₦1,142/$1: Strongest Level in Weeks
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
Category : Search result: foreign exchange
Nigeria rejects Trump's 'Country of Concern' designation
The Federal Government strongly rejects former US President Donald Trump's controversial designation of Nigeria as a 'Country of Concern' over alleged genocide, calling the claims baseless and politically motivated.
Bangladesh Dock Workers Strike Against Foreign Port Takeover
Bangladeshi dock workers paralyze Chittagong port operations in massive strike against foreign management takeover, raising concerns about national sovereignty and workers' rights.
South Africa rejects US refugee plan for white Afrikaners
South African government condemns US proposal to grant refugee status to white Afrikaners, calling it offensive and based on false narratives about persecution.
Swiss Bank Profits Soar with Gold Price Surge
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Air Peace Slashes London Fares to ₦1.2M
Nigerian carrier Air Peace dramatically slashes London fares by over 60%, breaking foreign airline monopoly and making international travel affordable for Nigerians. Chairman Allen Onyema credits President Tinubu's support for this aviation breakthrough.
Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
Police free 23 foreign kidnap victims in Nasarawa rescue
Nasarawa State Police Command successfully rescues 23 foreign nationals from kidnappers' den in major security breakthrough. Victims from multiple countries freed in coordinated operation.
Police Rescue 23 Foreigners, Arrest 14 Kidnappers in Nasarawa
Nigerian police have dismantled a transnational kidnapping syndicate, rescuing 23 foreign victims and arresting 14 suspects in a major security operation across FCT and Nasarawa.
Naira Surges: GTBank, UBA Cut Dollar Rates
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
Dollar Ticket Sales Cripple Nigeria's Travel Economy
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.
Oyinbo Lady With 4 Degrees Can't Find Job in Nigeria
A Nigerian-based foreign woman with four university degrees shares her heartbreaking job search struggle in emotional viral video that's sparking nationwide discussion.
Nigeria's Economy Improving, Nearing Stability - IWG
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
Naira Soars to 10-Month High Against Dollar
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
EU-NFI Partnership Empowers Young Nigerian Filmmakers
European Union teams up with Nigerian Film Institute to launch groundbreaking cultural collaboration program, offering young Nigerian filmmakers training, funding, and international exposure.
Nigeria Slumps to 18th in Africa Investment Ranking
Nigeria has dropped to 18th place in the latest 'Where to Invest in Africa' report, raising concerns about the country's investment climate and economic competitiveness.
Poland's $1.1B Africa Investment Drive Launched
Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.
NZ Farmers Sell Dairy Division to French Giant Lactalis
In a groundbreaking move that's stirring controversy, New Zealand's largest dairy cooperative approves sale to French giant Lactalis, leaving farmers divided and experts calling it economic madness.
Foreigners Face Court Over N12B Oil Theft in Nigeria
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Senate Approves Tinubu's Loan Request - Details
Nigeria's Senate has granted approval for President Bola Tinubu's loan request, marking a significant development in the country's economic strategy. Discover the full details and implications of this crucial decision.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
Foreigners Face Court Over ₦12B Oil Theft in Nigeria
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Naira Surges: Dollar Crashes to 2025 Low
BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.
South Korea Gifts Trump Ancient Golden Crown Replica
In a remarkable diplomatic move, South Korea has gifted former US President Donald Trump an exquisite replica of an ancient golden crown from the Silla Kingdom, showcasing cultural diplomacy at its finest.
170 Foreigners Seek Nigerian Citizenship Amid Enhanced Screening
Discover why 170 foreigners are seeking Nigerian citizenship amid tightened security screening by the Federal Government. Learn about the application surge and enhanced verification measures.
Judiciary Key to Nigeria's Tax Clarity - FIRS
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.
170 Foreigners Apply for Nigerian Citizenship - FG Reviews
The Federal Government is currently processing citizenship applications from 170 foreigners worldwide seeking to become Nigerian citizens, signaling growing international confidence in the nation.
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