Naira falls to 10-day low against US dollar
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Category : Search result: Naira recovery
Army arrests gunrunner in Taraba, recovers weapons
Nigerian Army troops arrest suspected gunrunner Abdulmudallabi Audu in Taraba, recovering AK-47 rifle and 53 rounds of ammunition. Operation continues to secure the state.
Kano Deputy Governor's stolen vehicle recovered
Police in Kano recover stolen Toyota Hilux belonging to Deputy Governor Aminu Abdulsalam Gwarzo. Government House driver arrested in connection with the theft. Read latest developments.
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.
Naira Visa Cards Boost Cross-Border Spending Confidence
Nigerians can now spend globally with confidence using Naira Visa cards. Secure transactions, fraud protection, and seamless payments for education, business, and travel needs.
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.
Kano Police Bust SIM Card Syndicate, Recover ₦17M
Kano State Police Command has dismantled a sophisticated SIM card syndicate, arresting six suspects and recovering over ₦17 million in a major crackdown on telecommunications fraud.
Nigerian Diaspora Protests at EU Embassy Over Economic Crisis
Nigerians in Europe unite in powerful demonstration at EU headquarters, demanding urgent action on economic crisis and insecurity plaguing their homeland.
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.
Nigeria Businesses Eye China Trade Boost at Shanghai Expo
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
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.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
Police dismantle major kidnapping syndicate in Delta, Anambra
Nigerian police forces have successfully dismantled a sophisticated kidnapping syndicate operating across Delta and Anambra states, recovering dangerous firearms and ammunition in major security breakthrough.
Delta Police Arrest Kidnappers, Recover N4M Ransom
Nigerian police in Delta State have arrested suspected kidnappers and recovered N4 million ransom in a major security breakthrough that highlights ongoing efforts to combat crime in the region.
BRIPAN Reforms Nigeria's Insolvency Practice Nationwide
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re
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.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
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.
Sri Lanka Targets Big Fish in Anti-Corruption Crackdown
Sri Lanka intensifies anti-corruption campaign, targeting high-profile figures and recovering billions in stolen assets as nation rebuilds economy.
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 Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
Trump Threat Worsens Naira Crisis - CPPE
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Troops rescue kidnapped victims, recover N3.8m ransom in Kogi
In a dramatic operation, Nigerian security forces have rescued two kidnapped victims and recovered a hefty N3.8 million ransom in Kogi State, dealing a significant blow to criminal elements in the region.
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.
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.
Troops Rescue Kidnapped Victims, Recover Ransom in Kogi
In a major counter-kidnapping victory, Nigerian Army troops have successfully rescued two victims and recovered ransom money during a fierce confrontation with kidnappers in Kogi State's Osara forest.
Asian Markets Rally on Trader Optimism Surge
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
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.
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