Sudan: 10,000+ Displaced in 3 Days Amid Escalating War
UN reports over 10,000 people displaced in Sudan in just 3 days as violence spreads. The conflict has created the world's largest hunger crisis. Read the full report.
Category : Search result: Nigerian currency crisis
Nigeria's Forex Market Expands with Better Access & Liquidity
Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
Naira Gains Against Dollar, Experts Predict 2026 Rate
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
Access Holdings to Raise N40bn via Private Placement
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
Osupa's Coronation Performance Draws Reactions, Fans Troll Taye Currency
Fuji star King Saheed Osupa's performance at Seyi Tinubu's coronation as Okanlomo of Yorubaland wows fans, leading to comparisons and jabs at colleague Taye Currency. Get the full story and reactions.
EFCC Arrests 5 'Babalawos' With Counterfeit $3.4M, €280K
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
Nigeria's Crisis: Insecurity, Inflation & Governance Failures
An in-depth analysis of Nigeria's overlapping crises in 2025: escalating insecurity killing thousands, soaring food inflation, and governance failures. Discover the root causes and a 7-step framework for national recovery.
Japa Wave Breaking Nigerian Marriages in UK - Lawyer
Nigerian lawyer Bolanle Cole warns the UK relocation trend is wrecking marriages. A cleric's 11-year union ended after 3 years abroad. Read the shocking details.
PDP's 2027 Election Hopes at Risk Amid Crisis
Political analyst warns PDP faces electoral irrelevance in 2027 without resolving internal conflicts. Learn about the expulsion of Wike, Fayose and party divisions threatening Nigeria's main opposition.
Cleric Warns ECOWAS of 2026 Crisis in 9 African Nations
Nigerian cleric Primate Ayodele warns ECOWAS of impending 2026 crisis affecting 9 African countries following Guinea-Bissau coup. Read full analysis and predictions.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
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.
Thief Disguised as Delivery Person Steals $11M Crypto
An armed thief, posing as a delivery worker, invaded a San Francisco home, tied up the owner, and stole $11 million in cryptocurrency. Learn about this alarming trend targeting crypto investors.
PDP risks collapse by December 7, BoT member warns
PDP BoT member Hon. Tajudeen Yusuf warns the party faces technical collapse if crisis persists beyond December 7, 2025. Read exclusive details on the internal turmoil threatening Nigeria's main opposition party.
CBN Issues Naira Handling Warning for Christmas Season
Central Bank of Nigeria urges citizens to stop spraying, mutilating naira notes during festive period. CBN describes currency as vital national symbol requiring proper handling.
Japan PM Takaichi defends $135bn stimulus package
Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
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.
Bitcoin Drops Below $90K: Market Analysis
Bitcoin value plunges 25% from October peak, falling below $90,000. Discover why investors are fleeing crypto amid trade war fears and Fed uncertainty. Stay informed!
PDP Crisis May Force Two Governors Out of Party
The Peoples Democratic Party faces explosive showdown as rival factions plan conflicting meetings. Two governors risk expulsion amid deepening internal crisis. Read latest developments.
Woman finds Korean currency in Lagos thrift market
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.
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.
Central Asia's Energy Crisis Deepens Amid Water Shortage
Kyrgyzstan and Tajikistan face a severe energy crisis as water levels at key hydropower reservoirs plummet. Discover the causes and government responses to this critical situation.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
US stops penny production after 232 years
The United States has minted its last circulating penny, ending 232 years of production. Discover why this cost-saving move matters and what happens next to your coins.
Makinde warns Taye Currency: Don't sing that song here
Oyo State Governor Seyi Makinde created a hilarious moment at Ibadan event when he jokingly warned Fuji star Taye Currency against performing his controversial track. Read the full story!
Igbo Unity Day Announced After 26-Year Crisis Resolution
After 26 years of division, Ohanaeze Ndigbo launches Igbo Unity Day to heal long-standing crisis in Akwa Ibom state, marking a new chapter for Igbo cultural unity and development.
Nigeria's Press at 166: Old Battles, New Threats
As Nigerian journalism marks 166 years, it faces a perfect storm of economic hardship, political pressure, and digital disruption threatening its very existence.
Ebonyi PDP Crisis Deepens Over Leader Suspensions
The Peoples Democratic Party in Ebonyi State faces deepening turmoil as multiple leaders face suspension, threatening the party's unity ahead of crucial elections.
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.
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