Katsina Explains Plan to Release 70 Suspected Bandits
Katsina State government defends plan to release 70 suspected bandits as part of a peace agreement that has freed over 1,000 abductees. Commissioner likens move to wartime prisoner exchange.
Category : Search result: prisoner exchange
Katsina Justifies Release of 70 Suspected Bandits
Katsina State Government defends releasing 70 suspected bandits as part of a peace accord, likening it to a prisoner exchange. Details on the controversial move inside.
Naira Records First Weekly Gain of 2026 as CBN Boosts FX Supply
The Nigerian naira appreciated by N7.68 in its first weekly gain of 2026, driven by improved dollar liquidity and stronger Central Bank interventions. Analysts see potential for stability.
CBN FX Sales Drive 38% Dollar Inflow Surge, Stabilise Naira
The Naira held firm as CBN intervention spurred a 38% monthly jump in FX inflows to $2.8bn in December 2025. Analysts predict stronger inflows ahead. Read the full analysis.
Naira Bullish Despite 21% Drop in FX Inflows
The Nigerian naira begins 2026 on a strong note, appreciating at the official window despite a sharp 20.67% decline in dollar inflows. Discover how local sources and CBN interventions are cushioning the market.
Naira Appreciates to N1,429/$1 in Official Market
The Nigerian Naira strengthened against major currencies on January 5, trading at N1,429/$1 officially. Analysts credit CBN interventions and rising reserves for the sustained stability from 2025. Discover the full market analysis.
Naira Gains in 2026 as CBN Injects $7.5bn Into Market
The Nigerian naira appreciates to N1,430.84 per dollar, marking a strong start to 2026. Analysts credit CBN's $7.5 billion intervention and reforms for reduced volatility and project continued stability.
2026 Nigeria Economy: 3 Trends to Watch
Experts forecast a year of adjustment for Nigerians in 2026, defined by a tighter FX market, rising living costs from fiscal reforms, and rapid digital finance growth. Learn how these trends will impact daily life.
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.
Naira Gains 7.14% as CBN Injects $7.5 Billion in 2025
The Central Bank of Nigeria spent $7.53 billion to stabilise the naira in 2025, leading to a 7.14% annual gain and a historic balance of payments surplus. Discover the full story.
UK Manhunt: Prisoner Flees Open Jail After Visit
James Fitzpatrick, 36, fails to return to HMP Castle Huntly. Police warn public not to approach him. Last seen boarding bus to Ardrossan. Share info.
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.
CBN Reports Fastest-Growing Subsectors in 2025
Nigeria's economic recovery gained momentum in December 2025 with 32 out of 36 subsectors expanding, according to the CBN's PMI. The transportation equipment sector led growth. Discover the full economic outlook for 2026.
Naira Falls in 2025 Despite CBN Dollar Sales, Reserves Rise
The Nigerian naira closed 2025 weaker against the dollar despite CBN interventions. External reserves rose to $45.45bn, offering limited support. Get the full analysis.
CBN 2026 Outlook: 4.49% Growth, Inflation at 12.94%
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
Abdulaziz Yari Named Geregu Power Chairman
Geregu Power Plc appoints former Zamfara governor Abdulaziz Yari as chairman following Femi Otedola's resignation after selling his majority stake for N1.08 trillion. Read the full board shake-up details.
Naira Gains Against Dollar as 2025 Ends, CBN Releases New Rates
The Nigerian Naira appreciated against the US Dollar in both official and parallel markets as trading resumed after the Christmas break. Finance Minister Wale Edun reassures on economic stability. Get the latest CBN exchange rates here.
Otedola Sells Geregu Power Stake for N1.088 Trillion
Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.
Nigeria's FX Reserves Surge to $45.24bn, Boosting Naira Hope
Nigeria's external reserves climbed to a seven-year high of $45.24bn in December 2025, a $4.39bn annual increase. CBN Governor attributes gains to FX reforms, raising fresh optimism for naira stability in 2026. Read the full analysis.
FMDQ Market Activity Slows, Turnover Drops 24%
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
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.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Naira Strengthens, Black Market Dollar at ₦1,478
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
Chinese Community Hosts 2,000 Nigerian Children for Christmas
The Chinese Consulate in Lagos celebrated Christmas with 2,000 children from low-income families, awarding scholarships and showcasing cultural performances. See how this tradition strengthens Nigeria-China ties.
Naira Falls, FX Reserves See First Decline in Over 2 Months
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Tinubu's Reforms Geared Towards Economic Revival – Lawmaker
Lawmaker Gboyega Isiaka defends Tinubu's tough economic policies, stating they are yielding results and will lead to stability and prosperity for Nigeria. Read more.
Investors gain N1.7tr in NGX Santa-Claus rally
The Nigerian stock market's Santa-Claus rally intensified last week, adding N1.7 trillion to investor wealth. Market capitalisation hit N96.94 trillion as pre-Christmas buying boosted key sectors. Read the full analysis.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Page 1 of 4