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.
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 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.
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.
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
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.
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.
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.
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's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
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 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!
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 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.
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.
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!
A Nigerian woman accidentally transferred N150,000 to her suya vendor instead of her Piggyvest account. The honest seller promptly refunded the money, sparking positive reactions online.
Kaduna State welcomes groundbreaking ₦450 million Nigeria-China agricultural initiative set to revolutionize poultry farming and create thousands of jobs across the region.
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
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.
Heartbreaking details emerge as Hamas returns remains of Tanzanian hostage Joshua Loitu Mollel, a brilliant agriculture student murdered during October 7 attacks. Family finally receives closure after months of anguish.
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.
A prominent NNPP leader advises President Tinubu to prioritize Nigeria's pressing domestic issues over Donald Trump's controversial threats, highlighting economic and security concerns.
Prominent Islamic scholar Sheikh Ahmad Gumi analyzes Donald Trump's potential return to power and its implications for Nigeria's security and diplomatic ties with America.
Former US President Donald Trump's controversial statement about sending troops to Nigeria has ignited fiery reactions across Nigerian social media. Discover what citizens are saying about this explosive international development.
Nigerian leaders and citizens react strongly to former US President Donald Trump's alleged genocide comments, examining diplomatic implications and historical context of US-Nigeria relations.
Chinese Ambassador to Nigeria meets with National Security Adviser Nuhu Ribadu, emphasizing opposition to foreign meddling in internal matters while strengthening bilateral security cooperation.
Popular Nigerian comedian Spyro delivers powerful message warning citizens about foreign interference disguised as help, urging Nigerians to fight for their country's sovereignty.
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.
A Nigerian man's viral reaction to 31 US lawmakers urging Trump to consider military action in Nigeria has ignited heated discussions about sovereignty and foreign intervention.