Category : Search result: foreign currency funding


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.

US Appeals Harvard Funding Ruling in Legal Battle

The Trump administration appeals a court order to release $2.7 billion in frozen research funds to Harvard University. Get the latest on this major legal and education funding battle.

Trump Appeals Order to Restore Harvard Funds

The Trump administration appeals a federal judge's decision to restore billions in funding to Harvard University. The legal battle continues over allegations of antisemitism and bias.

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!

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.

Google's $40M Support Package for SA Media

Google agrees to pay R688 million to South African news outlets after competition watchdog investigation. Deal includes funding for local content and AI innovation.

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.

Sarkozy Released from Prison by European Court

Former French President Nicolas Sarkozy, 70, has been ordered released from prison by a Paris court after serving less than three weeks of his five-year sentence for Libyan campaign funding. Read details.

Prof. Kingsley Agu Headlines AfriTech 5.0 Summit

Renowned technology leader Professor Kingsley Agu set to deliver keynote address at AfriTech 5.0, Nigeria's premier technology innovation summit focusing on digital transformation and startup ecosystem growth.

FG Launches N50M Grant for Student Innovators

The Federal Government announces a groundbreaking N50 million grant program to empower student innovators across Nigeria, fostering technological advancement and entrepreneurship.

FG Launches N250BN Food Security Fund

The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

N100,000 Grant for Petty Traders: Apply Now!

Federal Government launches new portal for petty traders to apply for N100,000 grant. Batch C beneficiaries list released. Application process simplified for small business owners across Nigeria.

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