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Naira Stability

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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.
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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.
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CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.
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World Bank Urges CBN to Halt Ad-Hoc Forex Auctions

The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.
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Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

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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.
News

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.
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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.
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Nigerian Air Force Orders Safety Checks After Fatal Igbokoda Crash

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