Category : Search result: Iran currency crisis


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.

Sheikh Zakzaky Bags Imam Khomeini Award in Iran

Sheikh Ibraheem Zakzaky, leader of Nigeria's Islamic Movement, receives the Imam Khomeini World Award in Iran for his advocacy of justice and Islamic values. The Resource Forum hails it as historic.

Iran Abandoned Assad Days Before His Ousting

Exclusive report reveals how Iranian forces and diplomats fled Syria in December 2024, leaving Bashar al-Assad to his fate as rebels closed in on Damascus. Discover the inside story.

World Cup Trophy Arrives in Washington for 2026 Draw

The FIFA World Cup trophy has arrived in Washington DC ahead of the historic 48-team final draw. Rio Ferdinand will host alongside sports legends, but a visa row with Iran adds drama. Read the full story.

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.

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.

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.

Afghanistan Diversifies Trade Amid Pakistan Dispute

Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.

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.

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.

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