Ireland deports 42 South Africans, including families, in its fourth charter flight of the year, highlighting ongoing issues of criminality and migration management.
IMF reveals Nigeria's naira is undervalued by 25.6%, proposing a fair rate of N1,130/dollar amid ongoing forex reforms and urges CBN to maintain rate flexibility.
Central Bank of Nigeria withdraws $190 million to manage naira’s appreciation, as reserves exceed $50 billion amidst foreign investor concerns over volatility.
20 of Nigeria's 33 banks have met new capital requirements, raising N4.05 trillion ahead of the March 31 deadline, signalling strong domestic participation.
The Central Bank of Nigeria has cut its benchmark interest rate to 26.5%, signalling cautious easing as inflation eases to 15.10%, offering relief for businesses.
The federal government has formally launched a $50 million Impact Innovation Fund aimed at supporting Nigerian startups addressing key social challenges.
Private agricultural service providers in the Niger Delta can access ₦3 million to ₦10 million under the SPPG grant, promoting climate-smart practices.
The naira's rise prompts companies to rethink dollar stockpiling as reforms boost its value, narrowing market gaps and reshaping Nigeria’s financial landscape.
Nigeria’s total capital importation in 2025 reached $16.78 billion across three quarters, led by portfolio inflows, UK-US investors, and top banks.
A viral video claims Nigeria will replace the naira with the Eco currency in 2027, causing panic. Officials confirm Eco's development, but no abolition of the naira.
Nigeria's naira strengthens across FX markets, forcing dollar hoarders to sell at a loss as external reserves rise to $48.5 billion, boosting market confidence.
Economy
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