Using Currency Baskets for Better Forex Trades in Nigeria
Learn how Nigerian forex traders can analyse a basket of major currencies to separate global trends from local naira noise, leading to higher-conviction trades and better risk control.
Category : Search result: US currency changes
Pregnancy Gave Me Grey Hair & Widest Nose - Nigerian Woman
Nigerian woman Vivian Chiagozie shares a viral video showing dramatic pregnancy changes to her face, including grey hair and a wider nose. See her story of how pregnancy humbled her.
Iran Currency Collapses, Naira Exchange Rate Hits Record
Iran's rial hits historic low amid protests and 42% inflation. The Nigerian naira now trades at N1 to 698.55 Iranian Rial. Read the full analysis of the crisis and its global implications.
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.
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.
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.
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.
35 New Year's Resolutions You Can Actually Keep in 2025
Discover 35 realistic and fun New Year's resolutions for 2025, from fitness and finance to self-care and adventure. Get inspired to set achievable goals that will transform your year.
Chelle Confirms 2 Key Changes for Nigeria vs Tunisia
Super Eagles coach Eric Chelle reveals two tactical approaches for Nigeria's crucial AFCON 2025 match against Tunisia on Saturday, December 27. Will Nigeria adapt or stick to their philosophy?
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.
Motsepe Announces 6 Major Changes to African Football
CAF President Patrice Motsepe has unveiled six transformative changes for African football, including AFCON moving to every four years and a new Nations League. Get all the details here.
EFCC Arrests 5 'Babalawos' With Counterfeit $3.4M, €280K
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
Publishers Decry Policy Shocks, Piracy as NPA Turns 60
As the Nigerian Publishers Association marks 60 years, industry leaders raise alarm over policy instability and piracy, calling for urgent collaboration to safeguard the future of books. Read more.
FIFA Plans Two Big VAR Adjustments for 2026 World Cup
FIFA is set to introduce two drastic VAR adjustments, allowing reviews for corner kicks and second yellow cards, to be tested at the 2026 World Cup. Read the full details here.
Badaru Resigns, List of Tinubu Appointees Who Left
Nigeria's Defence Minister Mohammed Badaru resigns citing health. Discover the full list of five key Tinubu appointees who have left office since 2023 and the reasons behind their departures.
Naira Exchange Rate: CBN Sets N1,453/$ 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.
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.
CBN Issues Naira Handling Warning for Christmas Season
Central Bank of Nigeria urges citizens to stop spraying, mutilating naira notes during festive period. CBN describes currency as vital national symbol requiring proper handling.
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.
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!
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.
Naira falls against dollar despite rising FX reserves
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
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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