Category : Search result: counterfeit currency Nigeria


EFCC Arrests Herbalists with Counterfeit Millions

EFCC operatives arrest five herbalists in Osun and Lagos with counterfeit $3.4m and €280k. The syndicate defrauded victims of millions under pretence of spiritual cleansing. Read the full details.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

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.

Experts Warn of Fake Wine Flood in Nigeria

Industry experts raise alarm over influx of counterfeit wines in Nigeria, posing serious health risks and revenue loss. Learn how to identify genuine products.

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.

NIVEA's ₦96.7M Mental Health Boost for Nigeria

NIVEA Nigeria partners with SOS Children's Villages, donating ₦96.686 million to combat social isolation and provide psychosocial support for over 33,000 vulnerable Nigerians.

Trump's Nigeria Threat: Analyzing the Genocide Claim

Fact-checking Trump's genocide allegations against Nigeria. Statistical analysis reveals why Christian persecution claims don't add up. Read why diplomatic solutions trump military intervention.

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.

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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