Category : Search result: Nigeria foreign relations


CBN Directs Banks to Enable Foreign Card Use on ATMs, POS

The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.

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.

Gumi: Foreign Powers Backing Terrorists in Nigeria

Prominent Islamic scholar Sheikh Ahmad Gumi claims wealthy foreign actors support bandits, worsening Nigeria's insecurity. He advocates for addressing root causes and strategic force. Read his full analysis.

Trump's New Strategy Shifts US Global Role

President Trump's new security strategy vows a major shift from global dominance to regional focus in Latin America, a hardline on migration, and confrontation with European allies. Read the full analysis.

Trump's Words Complicate US-Africa Diplomacy

Controversial remarks by US President Donald Trump have strained relations with Nigeria and Somalia, testing security partnerships and migration policies. Read the full analysis.

US Congressman: Christians Persecuted in Nigeria

US Congressman declares severe Christian persecution in Nigeria, cites 17,000 deaths since 2019, questions US aid, and links crisis to Nnamdi Kanu's detention despite court orders.

Tinubu Heads to South Africa, Angola for Diplomatic Summits

President Bola Tinubu embarks on a diplomatic mission to South Africa for the G20 Summit and Angola for AU-EU talks. The trip focuses on economic development, climate change, and regional security. Read more about Nigeria's global engagements.

Western Sanctions Backfire: Global Consequences

Excessive international sanctions by Western nations are creating unintended consequences, including global polarization and alternative systems. Discover how this affects Nigeria and the world.

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