Sheikh Gumi condemns US airstrikes in Nigeria, warning of deepening insecurity and calls for halting military cooperation amid fears of sovereignty erosion.
Nigerian banks including GTB will close branches for the holiday and have urged customers to use ATMs, mobile apps, internet banking, and USSD channels.
The Securities and Exchange Commission (SEC) warned Nigerians to avoid investing in Shalom Coin (SHLM), describing it as a high-risk cryptocurrency scheme.
Naira has strengthened to its highest level this year, supported by rising foreign reserves, improved investor confidence, and Central Bank reforms.
The federal government’s plan to issue a $2.3 billion Eurobond is expected to boost FX reserves, strengthen the naira, and push the exchange rate.
Investors closed the week with more money as the Nigerian Exchange (NGX) improved both the All-Share Index and overall market capitalisation performance.
The CBN has raised the customs duty rate, increasing importers’ clearing costs following renewed naira depreciation across official and parallel markets.
The International Monetary Fund (IMF) excluded Nigeria from Africa’s fastest-growing economies list, naming five countries for their strong reforms.
The FG has confirmed plans to issue about $2.25 billion in Eurobonds Special Adviser to the President on Finance and the Economy has provided a reason.
The Central Bank of Nigeria has revealed that the naira has strengthened against the Pound Sterling in both the official and unofficial foreign exchange markets.
The United Kingdom will introduce stricter requirements for Nigerians seeking to work in the country, ensuring applicants can fully integrate and contribute.
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