News

Naira cards are back for online dollar payments! These 7 Nigerian banks now allow international transactions on Naira debit ...
The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite ...
Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...
Analysts said that by allowing travelers use their naira-cards abroad, the banks are making it easy for cardholders ...
Industry report showed that Nigeria’s foreign exchange market witnessed a significant boost in May, with total inflows rising ...
Nigeria’s foreign exchange reserves have increased, inflation has moderated and the naira has stabilised. In May, Moody’s upgraded the country’s foreign currency debt rating.
Wilmar is growing its palm oil plantations in Nigeria’s Cross River state as it focuses on supplying the local market with the edible oil that’s used to cook Nigerian staple foods. Wilmar ...
The number of bacteria on currency also varies within a single country, as the number of bacteria isolated from US currency varied from 20 to 2.5 × 10 4 CFU [11] In Nigeria, currency notes had ...
The Nigerian currency, the naira, rebounded in the official foreign exchange market after days of volatility The local currency appreciated, rising by 26 basis points to close at N1,547 per dollar ...
Otaniyen Iduozee, a Nigerian citizen, received a 42-month prison sentence for money laundering in connection to a romance scam. He laundered money swindled from victims into overseas accounts.
The Securities and Exchange Commission (SEC) has issued a stern warning regarding two cryptocurrency products—Zugacoin and Samzuga GPT—stating that they are not licensed to operate within Nigeria’s ...
The CBN had reported that foreign exchange inflows into Nigeria rose by 62% per month to $5.96 billion in May 2025, as the Nigerian currency, the naira, appreciated to N551 per dollar due to ...