Category : Search result: dollar demand


CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

Kidnappers Demand ₦100m for Abducted Man in Kogi

A Nigerian family pleads for help after kidnappers abducted their relative along Obajana Road in Kogi State. The widow's son was traveling in an 18-seater bus when gunmen struck. Support needed urgently.

Army arrests notorious kidnap suspect in Taraba

Nigerian troops arrest notorious kidnap suspect Umar Mus Geyi in Wukari, Taraba State. Suspect linked to multiple abductions, including Alhaji Jano's kidnapping. Military intensifies search for victims.

Mum Finds Son's Body in Museum Exhibition

A heartbroken mother claims she discovered her deceased son's body displayed in Las Vegas museum. Kim Erick demands DNA tests after recognizing distinctive features on preserved corpse.

Naira loses N14.29 to dollar as trading week ends low

The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.

Naira Recovers Against Dollar as FX Reserves Soar

Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.

Memory Chip Crunch to Increase Gadget Prices

Shoppers face higher prices for phones and laptops as AI data centers consume memory chips. Experts warn of significant price increases through 2026. Learn how this affects Nigerian consumers.

Pay for Apple Music in Nigeria: 3 Methods

Learn how to subscribe to Apple Music in Nigeria using virtual dollar cards, Apple Gift Cards, or MTN airtime. Bypass international payment restrictions today!

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