Austrian Charged Over Undeclared $800k, €651k in Lagos
The EFCC has arraigned Austrian national Kavlak Onal for allegedly failing to declare over $800k and €651k at MMIA. He pleaded not guilty. Read the full details of the court proceedings.
Category : Search result: Foreign Currency Declaration
Ex-DSS DG Lawal Daura Joins 2027 Katsina Guber Race
Former DSS Director-General Lawal Daura announces bid for Katsina governorship in 2027, citing insecurity and poor governance. Read mixed reactions from Nigerians.
Naira Exits Africa's Worst Currency List, Appreciates
The Nigerian naira has appreciated against the US dollar and exited Africa's top 10 worst-performing currencies after nearly two years, driven by rising reserves and improved FX liquidity. Read the full analysis.
Ex-Finance Minister Adeosun Speaks on Tax, NYSC Saga
Former Finance Minister Kemi Adeosun discusses Nigeria's tax reforms, her court vindication over the NYSC certificate saga, and her new focus on philanthropy through the DashMe Foundation.
Banks Begin 10% Tax on Dollar Deposits
Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.
Naira Appreciates 6.5% in 2025, Breaks 13-Year Record
The Nigerian naira appreciated 6.5% in 2025, marking its first annual gain in 13 years. Discover how CBN reforms and FX reserves growth fueled this historic turnaround.
Deadly Protests Spread Across Iran Over Economic Woes
Several people have been killed as cost-of-living protests in Iran turn violent, marking the country's most serious unrest in three years. Stay informed on the escalating crisis.
Nigeria's Healthcare and Education in Crisis
Nigeria's healthcare and education systems face severe neglect, with fewer than 35,000 doctors for 200 million people. Explore the impact of insecurity and the resilience of Nigerians. Read more.
Nigerian Medical Association Criticises FG's 2025 Health Record
The Nigerian Medical Association, Lagos, condemns the Federal Government's handling of healthcare in 2025 as unacceptable. It demands better welfare, funding, and policies to stop brain drain and improve access for Nigerians.
NGOs Urge Govt to Boost Health Funding, Stop Brain Drain
CISLAC and VNDC call for increased, protected health financing and urgent solutions to Nigeria's healthcare workforce crisis. Experts warn systemic issues threaten universal health coverage goals.
Ex-Gov Yari Under Scrutiny for Geregu Power Appointment
A civil society coalition calls for full disclosure of Abdulaziz Yari's asset declarations and stewardship of Zamfara's resources. Read the full demand for accountability.
Tax Chief: No Auto-Debit from Accounts in New Law
Taiwo Oyedele assures Nigerians the new tax reforms will not lead to automatic bank debits. The system is based on self-declaration, targeting high-income individuals. Read details.
Naira Escapes Africa's 10 Weakest Currencies in 2025
South Sudanese pound and Ethiopian birr lead Africa's worst-performing currencies in 2025, losing over 10% vs dollar. See why the Naira avoided the bottom 10 despite its struggles.
Peter Obi Set to Join ADC Ahead of 2027 Election
Peter Obi, former Labour Party candidate, is set to formally join the African Democratic Congress on December 31 in Enugu. Get the latest details on the 2027 election coalition.
Nigeria's Forex Market Expands with Better Access & Liquidity
Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
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.
Access Holdings to Raise N40bn via Private Placement
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
Osupa's Coronation Performance Draws Reactions, Fans Troll Taye Currency
Fuji star King Saheed Osupa's performance at Seyi Tinubu's coronation as Okanlomo of Yorubaland wows fans, leading to comparisons and jabs at colleague Taye Currency. Get the full story and reactions.
UNICEF, WHO Warn of Child Health Catastrophe in Africa
UNICEF projects 1.8 million annual child deaths in Africa by 2040. WHO and UNAIDS warn of stalled HIV fight. Urgent political action and investment in primary healthcare are needed to avert disaster.
EFCC Arrests 5 'Babalawos' With Counterfeit $3.4M, €280K
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
Tiv Seek Emergency Declaration in Benue Over Insecurity
Mzough u Tiv calls on President Tinubu to declare a security emergency in Benue State as killings and banditry force farmers into IDP camps, creating food scarcity. Read their urgent plea.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Kano Gov supports Tinubu's security emergency declaration
Kano State Governor Abba Kabir Yusuf welcomes President Tinubu's national security emergency. Read how Kano is combating banditry in border communities and ensuring citizen safety.
CCB Launches Digital Asset Declaration System
Nigeria's Code of Conduct Bureau introduces digital asset declaration platform to enhance transparency and combat corruption in public service. Read how this revolutionary system works.
Natasha Osawaru's Moving Promise to Tuface Idibia
Natasha Osawaru makes heartfelt vow to legendary singer Tuface Idibia on Instagram, declaring eternal love and putting their union in God's hands. See the romantic post!
Teachers Threaten Strike Over School Attacks
Nigeria Union of Teachers warns of nationwide strike following terrorist attacks on schools in Kebbi and Niger states. 25 students abducted in Kebbi, 300+ pupils in Niger. Federal government urged to act.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
NBA condemns abduction of 315 students in Niger
Nigerian Bar Association condemns mass abduction of 315 students and teachers in Niger State, aligns with UN calls for urgent action to protect schools and implement Safe Schools Declaration.
Thief Disguised as Delivery Person Steals $11M Crypto
An armed thief, posing as a delivery worker, invaded a San Francisco home, tied up the owner, and stole $11 million in cryptocurrency. Learn about this alarming trend targeting crypto investors.
10 Political Office Holders Got Honorary Degrees in 2025
Federal Government through NUC bans honorary doctorate awards to serving politicians. 10 office holders honored in 2025 despite 2012 Keffi Declaration. Read full details.
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