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Naira Stability

Culture

Mo Abudu to open UK’s first cinema hub for African and Black films

Nigerian media mogul Mo Abudu will open EbonyLife Place London in October, describing it as the UK's first cinema hub for African and Black films.
Politics

Opposition parties begin talks on single candidate for 2027

Six opposition parties under the G-100 platform will meet in Abuja on August 18 to explore fielding a single candidate for Nigeria's 2027 general elections.
News

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.
News

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.
News

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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Culture

Mo Abudu to open UK’s first cinema hub for African and Black films

Nigerian media mogul Mo Abudu will open EbonyLife Place London in October, describing it as the UK's first cinema hub for African and Black films.
Politics

Opposition parties begin talks on single candidate for 2027

Six opposition parties under the G-100 platform will meet in Abuja on August 18 to explore fielding a single candidate for Nigeria's 2027 general elections.
News

Visa processing shift won’t affect Abuja embassy operations, US says

The US Mission in Nigeria says moving routine visa processing from Abuja to a Lagos hub will not affect the Abuja embassy or valid visas.
News

Visa applications from Nigerians to South Africa double despite xenophobia, envoy says

Visa applications from Nigerians to South Africa have almost doubled in recent months despite xenophobic attacks, the country's consul-general in Nigeria says.