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Nigeria sets date for next evacuation flight from South Africa

Nigeria's government will return another group of citizens from South Africa on Tuesday, ahead of anti-immigrant protests set to begin June 30.

Nigerians urge government to turn rising reserves into cost-of-living relief

As Nigeria's foreign reserves reach a 16-year high of $50.11 billion, economists and workers want the government to turn the gains into real relief.

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

Latest articles

Nigeria sets date for next evacuation flight from South Africa

Nigeria's government will return another group of citizens from South Africa on Tuesday, ahead of anti-immigrant protests set to begin June 30.

Nigerians urge government to turn rising reserves into cost-of-living relief

As Nigeria's foreign reserves reach a 16-year high of $50.11 billion, economists and workers want the government to turn the gains into real relief.

Bandits kill seven vigilantes in repelled attack on Katsina town

Suspected bandits killed seven local defenders, including two CJTF members, during a prolonged gun battle before vigilantes repelled them from a Katsina town.

Irigwe community holds mass burial for nine killed in Southern Kaduna attack

The Irigwe community buried nine victims, including five children, of a June 16 attack in Southern Kaduna, renewing demands for justice and stronger protection.