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Naira Stability

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State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.
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ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.
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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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State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.
News

ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.
News

LPPC suspends Mike Ozekhome’s SAN rank

The Legal Practitioners' Privileges Committee has suspended Chief Mike Ozekhome's Senior Advocate of Nigeria rank pending the determination of disciplinary proceedings against the constitutional lawyer.
Business

Cocoa and coffee farmers seek African bloc and $6,000 floor price to end foreign control

COCEFAAA has called for a unified African cocoa producers' bloc and a floor price of at least $6,000 a tonne to strengthen farmers' bargaining power.