Category : Search result: foreign exchange turnover


Nigeria rejects Trump's 'Country of Concern' designation

The Federal Government strongly rejects former US President Donald Trump's controversial designation of Nigeria as a 'Country of Concern' over alleged genocide, calling the claims baseless and politically motivated.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

Air Peace Slashes London Fares to ₦1.2M

Nigerian carrier Air Peace dramatically slashes London fares by over 60%, breaking foreign airline monopoly and making international travel affordable for Nigerians. Chairman Allen Onyema credits President Tinubu's support for this aviation breakthrough.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Nigeria's Economy Improving, Nearing Stability - IWG

Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.

Naira Soars to 10-Month High Against Dollar

The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

Poland's $1.1B Africa Investment Drive Launched

Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.

Senate Approves Tinubu's Loan Request - Details

Nigeria's Senate has granted approval for President Bola Tinubu's loan request, marking a significant development in the country's economic strategy. Discover the full details and implications of this crucial decision.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

Naira Surges: Dollar Crashes to 2025 Low

BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.

South Korea Gifts Trump Ancient Golden Crown Replica

In a remarkable diplomatic move, South Korea has gifted former US President Donald Trump an exquisite replica of an ancient golden crown from the Silla Kingdom, showcasing cultural diplomacy at its finest.

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