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.
Category : Search result: forex crisis
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Smart Nigerian Forex Traders Avoid Cash Settlements
Discover why Nigerian forex traders are protecting positions with risk management instead of cash settlements. Learn strategies for sustainable trading success in Nigeria's volatile market.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
GTBank Raises Naira Card Dollar Limit to $6,000
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
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.
Order Flow Analysis: Boost Forex Entry Timing in Nigeria
Discover how Nigerian forex traders are using order flow analysis to pinpoint perfect entry points and maximize profits in volatile markets. Learn practical strategies for better trading decisions.
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.
VPS Forex Trading: Nigeria's 2025 Game Changer
Discover how Virtual Private Servers are revolutionizing Forex trading in Nigeria - boosting speed, security, and profits for traders across Lagos, Abuja, and beyond.
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.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Sudanese Women Describe Mass Rape Fleeing El Fasher
Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.
Master Forex Trading in Nigeria: Tools & Tips
Discover the must-have tools and expert strategies Nigerian traders are using to dominate the forex market. Learn how to build a profitable trading career with our comprehensive guide.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Forex Broker Comparison Guide for Nigerian Traders 2024
Master forex trading in Nigeria with our comprehensive broker comparison. Learn how to analyze fees, spreads, and trading services to maximize your profits in the Nigerian market.
Naira Hits 2025 Peak as Reserves Reach $43.17 Billion
Nigeria's currency hits strongest position this year while foreign reserves climb significantly, signaling economic turnaround under CBN's new reforms.
Dollar Crashes vs Naira - Trump Warns Nigerian Government
The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.
Osun 2026: PDP, APC Clash Over Party Crisis
Political tension escalates in Osun State as PDP and APC trade accusations over internal party crisis ahead of 2026 governorship election. Get the latest on the brewing political storm.
Nigeria Cooking Gas Crisis: Prices Soar Amid Supply Issues
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Nigeria's Economic Crisis: Experts Sound Alarm
Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.
Food Aid Crisis: Millions of Nigerians Risk Hunger
Critical food assistance for millions of vulnerable Nigerians faces imminent collapse due to government shutdown, putting lives at risk and threatening national food security.
Naira Hits ₦1,142/$1: Strongest Level in Weeks
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
Nigeria's Worst Ponzi Schemes Exposed
A shocking investigation reveals Nigeria's worst Ponzi schemes that defrauded thousands of investors. Discover the tactics used and how to protect yourself from financial scams.
Assexmarkets: Revolutionizing African Forex Trading
Discover how Assexmarkets Global Limited is transforming Africa's forex landscape with cutting-edge technology and innovative trading solutions for Nigerian and continental traders.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Fuel Crisis: Petrol May Hit ₦1000/Litre in Nigeria
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
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