CBN Consolidates Financial Market Reform Gains
CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.
Category : Search result: naira card international spending
Arms Makers See Record $679B Revenue Amid Conflicts
Global arms sales reached record $679 billion in 2024 as Ukraine and Gaza wars fuel demand. US firms dominate while European companies face supply chain challenges. Read full analysis.
Arms Makers See Record $679B Revenue Amid Global Tensions
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Man Reveals He Spends More on High-Maintenance Women
A Nigerian man's viral confession about spending patterns in relationships sparks debate. He invests more in women with high standards than 'understanding' partners. Read the full story.
Nigeria launches ECOWAS Biometric Card against crimes
Nigeria introduces ECOWAS National Biometric Identity Card to fight cross-border crimes, irregular migration. New card replaces passports for regional travel within West Africa.
Naira crashes to N1,443.91/$ as festive demand surges
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
US Re-examines Green Cards from 19 Nations After Attack
Trump administration orders full review of green cards from 19 'countries of concern' following deadly Washington DC shooting by Afghan national. Details on affected nations and policy changes.
Nigeria Exempt from US Green Card Review of 19 Nations
Nigeria exempt as US orders full reexamination of green cards from 19 countries of concern following DC shooting. Trump administration intensifies immigration crackdown.
Uyo Airport Designated as International Facility
Federal Government officially designates Victor Attah International Airport in Uyo as international airport. Minister Festus Keyamo announces completion of transition committee. Read more about this aviation milestone.
16 Banks Meet CBN Recapitalisation Target
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
FIFA Legal Battle Over Ronaldo Red Card
FIFA risks major legal challenge after Cristiano Ronaldo's controversial red card in World Cup match. Get the latest updates on potential lawsuit.
Naira Appreciates Against USD as CBN Lists Achievements
Naira strengthens against US dollar in official and parallel markets. CBN Governor Cardoso highlights narrowed exchange rate spreads and growing investor confidence in Nigeria's economy.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Naira Strengthens to N1,441/$ Amid CBN Policy Hold
Naira appreciates to N1,441/$ following CBN's decision to maintain MPR at 27%. Analysis of monetary policy impacts on currency stability and inflation control. Read more.
AI Industry Faces Critical Turning Point in 2026
After three years of rapid growth, the AI industry enters 2026 with bubble concerns and job automation fears. Global spending expected to exceed $2 trillion. Read more about the future of artificial intelligence.
Ronaldo cleared for World Cup after FIFA ruling
Cristiano Ronaldo will play in Portugal's 2026 World Cup opener after FIFA suspended most of his ban. The 40-year-old received his first-ever red card for Portugal against Ireland. Read the full story.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
Conductor Gets Fake Wedding Naira Notes as Payment
A Nigerian conductor was reportedly paid with fake N1000 notes featuring wedding couple photos and 'Central Bank of Love' inscription. The incident sparks social media outrage.
Sell Bitcoin to Naira Instantly with Monica Cash
Convert Bitcoin to Naira instantly with Monica Cash. Get the best BTC to NGN rates, enjoy 0% fees, and secure transactions. Over 500,000 Nigerians trust us. Learn more!
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
2025 Lagos International Trade Fair Opens for Business
The 2025 Nigeria International Trade Fair is now open in Lagos, running from November 21-30. Discover West African business opportunities, workshops, and exclusive shopping deals.
Nigerians spend $1.39bn on foreign education in 6 months
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Americans Spend Record $1 Trillion Despite Inflation
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
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.
Zinoleesky Questions Future at Marlian Music in Post
Nigerian singer Zinoleesky drops disturbing message about feeling powerless in music industry, fueling speculation about departure from Naira Marley's Marlian Music label.
ATM scammer beaten by angry mob in South Africa
A suspected ATM card scammer was brutally beaten by shoppers in Tongaat after targeting bank customers. His accomplices fled the scene. Read full details.
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