Jim Bakker, the American televangelist who built a multimillion-dollar Christian television ministry before his career collapsed over a sex scandal and fraud conviction, has died at the age of 86. The death of Bakker, whose journey from the TV pulpit to a prison cell in the 1980s was announced on social media by his se…

…businesses a more reliable basis for pricing and planning.Diaspora funds strengthen dollar supplyThe CBN’s remittance drive forms part of a broader effort to diversify the sources of foreign exchange available to the economy.Abdullahi disclosed that net foreign portfolio inflows totalled $6.31 billion between January a…

…Nigerian naira opened the new trading week relatively stable against the United States dollar across both official and parallel foreign exchange markets on Monday, October 5, 2026. At the Nigerian Foreign Exchange Market (NFEM), the dollar was quoted at approximately ₦1,327.08, reflecting a steady baseline supported by…

…to own part of it, targeting at least 10 million shareholders, with dividends paid in dollars and simplified subscription channels through USSD codes. The offer opened on 14 September 2026, seeking N2.15 trillion for 4.1 billion shares, with listing expected in November. Within the first hour, over $7 million poured in…

…had approved another N4bn to expand its coverage. Radda said Katsina was matching every dollar provided by the World Bank for the programme, describing the investment as part of his administration’s strategy to strengthen women’s livelihoods and promote inclusive economic development. “It is on this note that Katsina S…

…The News Agency of Nigeria reports that Crude oil prices currently hover around 90 dollars per barrel for the U.S. benchmark West Texas Intermediate (WTI) and about 98 dollars per barrel for the international benchmark, Brent crude. Checks by NAN in Abuja on Sunday showed that NNPC Ltd. fuel outlets and a few others re…

…and manage its debt obligations. Under the arrangement, the Federal Government receives dollar financing while providing naira-denominated government securities as collateral. The government drew an initial $1.5bn from the facility in June, leaving $3.5bn available under the approved programme. The DMO’s external debt…

…the mantle of leadership, our foreign reserves was a staggeringly low 3.9 billion dollars — that was not enough to import oil for one month. He had the courage and the conviction to take far-reaching decisions. “The withdrawal of the fuel subsidy, the realignment of the multiple exchange rates, were far-reaching decisi…

…injuries. “The robbers also carted away several mobile phones, wristwatches, $400 US dollars, and other valuables estimated at approximately ₦3.493 million, all at gunpoint. The suspects are; Akinrinola Oluwatobi, Okunola Mathew and Ibrahim Rabiu. “One iPhone 7 Plus, belonging to one of the victims of the Wofun Olodo r…

…also said the foreign exchange reforms were yielding visible results, with increased dollar inflows into the country and relative stability in the exchange rate. He spoke after visiting President Tinubu in Lagos, saying he went to welcome the President back from a “well-deserved vacation” and to wish him a happy Indepe…

​The naira recorded a depreciation against the dollar at the official foreign exchange market as trading resumed after the Independence Day holiday. Central Bank of Nigeria data showed that the naira dropped to N1,330.10 against the dollar on Friday from N1,329.16 recorded on Wednesday, before the October 1 holiday in…

…exploitation of citizenship and residency programmes is a multi-billion-dollar business to launder proceeds of fraud and corruption, evade justice, or access third countries,” OECD Secretary-General, Mathias Cormann, said. Criminals, the report said, use new passports to hide identity, open shell companies and move ill…

…card, local payment partners)? What exchange rate is used when naira is converted to dollars? How long do withdrawals take, and are there fees? Are there limits on how much you can withdraw at once? The exchange rate question matters a lot. A platform with low trading fees but a poor conversion rate can be more expensi…

…Miami-Dade County jail records sighted by the news outlet. His bond was listed at 6,000 dollars and he had been released on bail till his arraignment scheduled for Oct. 22. His lawyer, Steve Sadow, described the allegations as false and questioned Kendrick’s motives, noting that the police report was filed about a mont…

…mostly in Africa, to accept deportees in return for aid amounting to millions of dollars, and had threatened visa restrictions if these countries refused. Burundian President Evariste Ndayishimiye has “recently agreed… that Burundi will take in migrants turned away by the United States — but only those who are not bein…

…and they won’t expect continuous delivery while they are yet to pay what they are owing.”Dollar costs put local airlines under pressureAccording to the airline source, indigenous carriers face additional pressure because most of their income is earned in naira, while many of their major expenses are either dollar-denom…

Naira has gained against the dollar in official and parallel markets as interbank FX turnover surged 226% to $80.58 millionStreet-market dollar rates fell to N1,375, narrowing the gap with the official rate to about N45Rising external reserves and oil prices support the naira, but traders will watch whether gains can c…

…has deep Christian roots. He pointed to the phrase "In God We Trust" on the US dollar and the image of Moses in the American parliament as evidence that Western civilisation was shaped by Judeo-Christian values, not secular ingenuity alone.What Apostle Arome Osayi said about NigeriaThe controversy began after Osayi's s…

GistReel The naira traded at ₦1,321.44 to the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, September 29, 2026, while the greenback changed hands for as much as ₦1,385 in the parallel market. In the parallel market, currency dealers were buying the dollar at around ₦1,375 and selling it at approx…

The naira stayed outside Africa’s 10 highest nominal exchange rates per dollar in September 2026, despite years of volatilitySão Tomé and Príncipe, Sierra Leone, Guinea and Madagascar topped the ranking by local currency units per US dollarUganda’s shilling and Ghana’s cedi faced pressure, while depreciation risks rais…

…envisages an end to hostilities in Iran and Lebanon, the unfreezing of billions of dollars in Iranian assets, the removal of sanctions on Iranian oil and the lifting of the US blockade on Iranian ports. In return, Tehran would allow the reopening of the Strait of Hormuz, while both countries would resume negotiations o…

…he said, calling for a stronger fight against corruption and insisting that every dollar of public money must count. That caveat matters. Africa cannot demand accountability abroad while tolerating impunity at home. It cannot demand fairer resource arrangements while allowing corruption to destroy the value of resource…

…of jobs. “The Lekki Deep Sea Port is expected to generate hundreds of billions of dollars in economic benefits and create more than 100,000 jobs over its concession period,” she added. On people-to-people exchanges, she said the Consulate had restored sight to over 900 Nigerian cataract patients through its “Renewed Ho…

…of June 2026. That represented an increase of 9.44 per cent year-on-year. Measured in dollars, however, the expansion was considerably larger. Public debt jumped by $21.27bn, or 21.35 per cent, from $99.66bn to $120.93bn over the same period. The divergence reflects, among other factors, the stronger naira used in valu…

…he was caught in a car with meth and coc@ine, a phony driver's license and thousands of dollars in cash, police said. Charles Wilson Pastore, 46, was riding in a white Mercedes-Benz in Fort Lauderdale on Sept. 3 when he was pulled over by cops, and a K-9 sniffed through the car, CBS 12 reported. The pup's keen sense of…