Search Results for "Naira"
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Aftermath presidential primaries: As the season of election promises beckons...

…cent in June 2024 - following the removal of the fuel subsidy and the devaluation of the naira, both policies implemented by the Tinubu administration. In the run-up to the 2027 presidential contest, all presidential candidates, including the incumbent, are expected to make the same case for the economy. According to a…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 46 views
Northern Generals' anger at 'North as Nigeria's mortuary

…Apart from pillorying northern governors' retrogressive policies of paying billions of Naira for mass marriages, she told the North that its "street kid factory" culture - what former First Lady Patience Jonathan famously termed the "born trowey" phenomenon - is incubating the very statistics for crime, banditry, and t…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 31 views
Akwa Ibom: Journalist raises alarm as court allegedly denies him fair hearing in his case

…his farms by herders and their cattle, which allegedly destroyed crops worth millions of naira as well as the irrigation system on the farmland. He said that, apart from the destruction of property, farm workers were also molested, adding that on one occasion, a herder allegedly pulled out a cutlass and chased him away…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
BREAKING: Nigerian stocks shed N9 trillion as June rout deepens

Why stocks are falling Market intelligence gathered by Nairametrics from multiple capital market sources suggests the recent weakness in the equities market may be driven by three separate but related factors. The first is profit-taking following an extraordinary rally that saw the Nigerian stock market gain more than…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 41 views
Digital Nomads: Alma Asinobi learned to build mobility by confronting her own immobility

…allowed her to save and build her travel fund without the fluctuations common to the Naira. In December 2022, she returned to Nigeria and realised that the demand for travel information from her travel community was overwhelming. People were reaching out to ask for help with visas and inquiring about how to navigate tr…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
RwandaAir begins first cargo operations from Nigeria to East and Southern Africa

…by Nigeria and Rwanda to deepen economic and trade cooperation in recent months. In May, Nairametrics reported that Nigeria unveiled a dedicated air cargo corridor with RwandaAir, opening direct export channels from Nigeria to Kigali in Rwanda, Lusaka in Zambia and Harare in Zimbabwe. The corridor is being implemented…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
NDPC to review Data Protection Act to address AI, robotics, big data

…data and privacy rights across the country. What you should know Earlier this year, Nairametrics reported that Nigeria's data protection sector has expanded into a N16.2 billion industry just two years after the introduction of formal regulatory oversight, according to the Nigeria Data Protection Commission (NDPC). The…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 20 views
CBN's mandatory local hosting will cut Nigerian banks, funechs' forex exposure - ALTON

…of what they are able to host. So far, we are able to," he said. What you should know Nairametrics earlier reported that the Central Bank of Nigeria (CBN) has ordered banks, fintech companies, mobile money operators, and other payment service providers to keep all payment transaction data generated in Nigeria within th…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 32 views
External reserves hit CBN's $51.04bn target as naira posts weekly loss

The naira ended the week weaker across foreign exchange (FX) market segments amid slowing market liquidity, despite Nigeria’s external reserves

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 27 views
Amaju Pinnick as 'life president' of NFF

…Love for the game is common. The boy who treks 2 kilometres just to pay 100 naira to watch a local league game has that passion in equal measure, if not more. He knows all Nigerian players overseas and at home. The difference is responsibility. Millions of fans carry the passion. Only a few are entrusted with structure…

Sports by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
NITDA, TikTok unveil Digital Commerce Lab for SMEs in Lagos

…and improving their participation in the global digital economy. Earlier this month, Nairametrics reported that the National Information Technology Development Agency (NITDA) has entered into a Memorandum of Understanding (MoU) with the Development Agenda for Western Nigeria (DAWN) Commission to advance digital skills…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 21 views
Box Office 2026: Meet top 5 highest-grossing Nollywood actors YTD

Faithia Williams is a veteran Nigerian actress, filmmaker, and producer.Williams attended Maryland Primary School and Maryland Comprehensive Secondary School in Lagos before obtaining a diploma from Kwara State Polytechnic. In 2016, she furthered her education by studying Filming at Olabisi Onabanjo University. Her act…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Nigerians to FG: Terrorists can't truly repent

…Uyo, dismissed the programme outright, saying: "There's no sense in spending billions of naira and dollars rehabilitating and reintegrating so-called repented terrorists into society; they will never truly repent. It would be more effective to eliminate them all as a deterrent to aspiring jihadists. Those who were made…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
Dollar to Naira exchange rate today, June 18, 2026: Nigerian Naira records highest depreciation

Dollar to Naira exchange rate today, June 18, 2026: Nigerian Naira records highest depreciation The Naira recorded the highest depreciation against the dollar on Friday at the official foreign exchange market to end the week bearish. The Central Bank of Nigeria’s data showed that the Naira further declined on Friday to…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 20 views
Hundreds of Nigerians are stranded without shelter, food in South Africa - NICASA

…and Malawi to evacuate hundreds of their citizens from the country. Earlier this month, Nairametrics reported that Nigeria has begun evacuating its citizens from South Africa, as the first group of 262 Nigerians departed Johannesburg for Lagos amid renewed xenophobic attacks against foreign nationals. The Nigerians in…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 23 views
Diezani's UK acquittal: Lawyers weigh implications for EFCC cases in Nigeria

…from proceeding with a trial or case and, if the evidence supports it, convicting her. Nairametrics reached out to one of Alison-Madueke's counsels in Nigeria, Chief Mike Ozekhome, SAN, regarding the development, but there was no response as of the time of filing this report. But in her reaction to the UK court's decis…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 23 views
FG disburses N13 billion interest-free loans to 7,450 tertiary education workers

…policy reforms, and increased investment in learning infrastructure. Earlier, Nairametrics reported that the Federal Government has designated June 29 to July 3, 2026, as National Learning Assessment Week as part of preparations for Nigeria's first nationwide learning assessment exercise. According to a statement issue…

Education by nigerianewsfeedofficial · 3 mons ago · 0 comments · 31 views
Black women face steepest promotion barriers in Data and AI industry-Report

…while 31% said they had personally experienced it. What you should know In April 2026, Nairametrics reported that Nigeria's labour market remains heavily skewed against women in formal employment, with only 10.5% of employed women in wage and salaried jobs as of 2025, according to the World Bank's latest gender data re…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 27 views
Data and AI remain top-paying global technology segment - Report

…similar roles, while only 14% believe they earn more than average. What you should know Nairametrics previously reported that demand for AI skills is accelerating across industries, with research showing generative AI capabilities can boost salaries by up to 47%, according to labour market insights from Indeed. PwC's G…

Jobs/Vacancies by nigerianewsfeedofficial · 3 mons ago · 0 comments · 44 views
Foreign reserves rise to $51.04 billion, highest level in 17 years

…and improved liquidity conditions in the country's external sector. More insights Nairametrics had earlier reported that Nigeria's external reserves gained more than $1 billion during the first half of June, extending the positive momentum recorded in previous months. Reserves increased by about 2.5% between June 1 and…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 41 views
Nigerian Navy uncovers illicit fuel supply route, seizes 103,500 litres of diesel

…on crude oil theft and illegal refining operations in the Niger Delta region. In April, Nairametrics reported that naval personnel intercepted two vessels carrying 939 metric tonnes of suspected stolen crude oil valued at more than N4 billion, leading to the arrest of 26 crew members. A few weeks earlier, on March 27,…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
FG moves to centralise Nigeria's livestock data

…Development, Oghenekevwe Uchechukwu, disclosed this while responding to inquiries from Nairametrics. The response followed a recommendation by the United States Congress to block Nigeria's beef and cattle exports to Ivory Coast, Ghana, South Africa and Senegal. The recommendation was part of proposed measures to disarm…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 41 views
Kwankwaso diverted billions into private account to build personal house, others - Muhyi alleges 

…anti-corruption agency boss, Barrister Muhyi Magaji Rimin Gado, has listed billions of naira allegedly diverted by former governor of the state, Rabiu Musa Kwankwaso, from the state treasury. Barrister Muhyi recently appeared in a video on social media, narrating how the former governor diverted the funds into a person…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 25 views
Mother of terrorist, Halima Abdullahi arrested by DSS, jailed 40 years for refusal to report son for arrest

…offence, when you received the sum of four hundred and ninety, thousand, three hundred Naira only (N490,300) from Battujo a known terrorist, which sum you reasonably ought to know formed part ~~ of the proceeds of Terrorism, and thereby committed an offence contrary to and punishable under the section 21 of the Terrori…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
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