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naira exchange rate

Borno’s Guzamala council chairman says troops repelled a two-hour terrorist attack on a military post

Suspected Boko Haram fighters attacked a military post in Mairari, Borno State, on Tuesday night; the council chairman says troops repelled them and no civilians died.

Lagos banker and seven others arraigned over alleged N710 million proof-of-funds fraud

A Lagos banker and seven others have been arraigned on a 12-count charge over an alleged N710 million proof-of-funds fraud, according to the Police Special Fraud Unit.

Naira Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.

Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.

Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...

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Borno’s Guzamala council chairman says troops repelled a two-hour terrorist attack on a military post

Suspected Boko Haram fighters attacked a military post in Mairari, Borno State, on Tuesday night; the council chairman says troops repelled them and no civilians died.

Lagos banker and seven others arraigned over alleged N710 million proof-of-funds fraud

A Lagos banker and seven others have been arraigned on a 12-count charge over an alleged N710 million proof-of-funds fraud, according to the Police Special Fraud Unit.

Algorithms won’t decide 2027 elections, INEC chairman says as deepfake fears grow

INEC chairman Joash Amupitan says algorithms will not decide the 2027 elections, even as artificial intelligence shapes how Nigerians get information ahead of the polls.

Nigerian Air Force Orders Safety Checks After Fatal Igbokoda Crash

KEY POINTS The Nigerian Air Force has ordered stricter aircraft airworthiness checks, maintenance reviews...