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: ransom exchange
Kwara Traditional Ruler Kidnapped, N150m Ransom
Bandits have kidnapped Ojibara of Bayagan, Oba Kamilu Salami, from his farm in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read details of the shocking abduction.
Kwara Monarch Kidnapped, N150m Ransom Demanded
Masked gunmen have kidnapped Oba Kamilu Salami, the Ojibara of Bayagan in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read the full details.
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.
Dangote Refinery Saves Nigeria N10bn Yearly
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
Nigeria's Economy Stabilizes as Inflation Halves to 16.05%
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
Kidnappers Demand ₦100m for Abducted Man in Kogi
A Nigerian family pleads for help after kidnappers abducted their relative along Obajana Road in Kogi State. The widow's son was traveling in an 18-seater bus when gunmen struck. Support needed urgently.
Senator: No ransom paid for kidnapped schoolchildren rescue
Senator Yemi Adaramodu denies FG paid ransom for Kebbi, Niger, Kwara kidnap victims. Security used persuasion, not money. Read full details on rescue operations.
Senate: No ransom paid for kidnap victims release
Senate spokesperson Yemi Adaramodu insists government paid no ransom for kidnapped victims' freedom. Security tactics remain confidential amid growing concerns.
Farmer Killed Over ₦10k Ransom in Delta State
Bandits murder palm wine tapper in Delta after family offered only ₦10,000 ransom. Nigerians react with anger as insecurity crisis deepens. Read full story.
Kogi Kidnapping: N60m Ransom Demand for Mother
A Nigerian man shares heartbreaking update about his mother kidnapped in Kogi. Kidnappers demand N60 million ransom while victim suffers in captivity. Read full story.
Naira crashes to N1,443.91/$ 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.
Doctor Cries for Help as Kidnappers Hold Pregnant Sister
A Nigerian doctor cries for help after kidnappers released a video of his pregnant sister and husband in captivity in Edo State. The family demands N50 million ransom for their release.
Pregnant Couple Abducted in Edo, N50m Ransom Demanded
A pregnant couple kidnapped in Edo state begs for help as captors demand N50 million ransom and threaten assault. Family raised only N7 million. Government intervention urgently needed.
Court dismisses Binance executive's detention claims
Federal High Court dismisses Tigran Gambaryan's suit against EFCC over detention. Court refuses to interfere with money laundering investigation. Full details inside.
Kaduna Anglican Priest Dies After Kidnappers Collect Ransom
Journalist Rufai Oseni reveals heartbreaking details about Venerable Edwin Achi's death in captivity. Family paid ransom only to receive his decomposed body. Read the full story.
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.
Lady's kidnapped father released after ransom payment
A Nigerian lady shares emotional update after her father's kidnapping ordeal. Ransom paid for his release from bandits who beat him in the bush. Read the full story.
Pregnant Sister, Husband Abducted in Edo: N50m Ransom Demand
Nigerian doctor cries out as kidnappers abduct pregnant sister and husband in Edo State, demanding N50 million ransom. Family pleads for help amid security crisis.
Kaduna Anglican Priest Killed, Wife Still Held Captive
Family reveals Anglican priest Venerate Edwin Achi was killed days before kidnappers posted photos. His wife Sarah, a customs officer, remains captive with N600m ransom demand.
Abducted Kaduna Anglican Priest Dies in Captivity
Venerable Edwin Achi, kidnapped with wife and daughter in Kaduna, has died after one month in captivity. Bandits demanded N600 million ransom. Read full details.
Anglican Priest Killed After Kidnappers Post Photo on Facebook
Family confirms death of Kaduna Anglican priest Venerate Edwin Achi after kidnappers posted his photo on Facebook. The couple was abducted in October with N600 million ransom demanded.
IEI Appoints Dr Joyce Odiachi as Acting MD
International Energy Insurance Plc announces a major leadership transition. Dr Joyce Odiachi steps in as Acting MD following Olasupo Sogelola's resignation. Discover the company's next growth phase.
Anglican Priest Killed by Kidnappers in Kaduna
Terrorists have murdered Ven. Edwin Achi, an Anglican priest abducted in Kaduna. His wife and daughter remain captive as church cancels events. Read the full story.
DSS: FG didn't mandate Mamu for terror talks
DSS operative reveals Tukur Mamu acted independently in Abuja-Kaduna train negotiations, benefiting financially from ransom payments. Case adjourned to 2026.
Nigeria FX Market Reaches $500m Daily Turnover
CBN Governor Cardoso reveals Nigeria's FX market now records $500m daily turnover without central bank intervention, marking a new era of transparency and stability.
Kidnappers Use Victim's Facebook to Demand N600m Ransom
Kidnappers in Kaduna have brazenly used a victim's phone to post photos on Facebook while demanding N600 million ransom for an Anglican vicar and his wife. Read the shocking details.
N600m Ransom Demand for Kidnapped Kaduna Priest
Bandits release photos of abducted Kaduna Anglican priest Ven. Edwin Achi and wife Sarah after demanding N600m ransom. The couple was kidnapped from Nissi community on October 28, 2025.
Kebbi Rescue: Man Questions Students' Calm Demeanor
A Nigerian man observes the unusual calm of the recently rescued Kebbi students, questioning the official 'tactical rescue' narrative and suggesting a ransom payment.
Nigerian Export Certificates Accepted in 140 Nations
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
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