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Naira Stability

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83 Nigerians to Return Home from South Africa Amid Rising Xenophobic Attacks

KEY POINTS 83 Nigerians are expected to arrive in Lagos from South Africa on...
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Influencer Arrested Over Alleged $28m Cocaine Shipment Bound for UK

KEY POINTS NDLEA seized 184.5kg of cocaine valued at nearly $28m. Influencer “KC Luxury”...
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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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83 Nigerians to Return Home from South Africa Amid Rising Xenophobic Attacks

KEY POINTS 83 Nigerians are expected to arrive in Lagos from South Africa on...
News

Influencer Arrested Over Alleged $28m Cocaine Shipment Bound for UK

KEY POINTS NDLEA seized 184.5kg of cocaine valued at nearly $28m. Influencer “KC Luxury”...
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Wike Orders Demolition of Houses Blocking Abuja Waterways

K KEY POINTS Wike orders immediate demolition of houses blocking Abuja waterways. Buildings in Maitama...
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US lists three categories of visa services affected in Nigeria

The US has realigned routine visa services in Abuja to regional hubs, affecting tourist, business and petition-based nonimmigrant visa applications from August 1.