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316 results for "naira"
Nigeria's currency is showing remarkable stability, with official and black market exchange rates staying within a tight range. The naira's steady performance signals improving economic conditions after months of volatility.
Nigeria's currency reached its strongest level in nearly two years, climbing to N1,394 per dollar in the official market. The naira's steady recovery signals growing economic stability for Africa's most populous nation.
A trader at Nigeria's Argungu Fishing Festival is winning hearts by accepting every form of currency the country has ever used, from ancient cowries to today's naira. His unique approach celebrates 500 years of Nigerian monetary history while doing business.
Nigeria's Delta State just raised doctors' salaries by 200,000 naira monthly to stop the exodus of medical talent leaving for better opportunities abroad. Entry-level physicians now earn 570,000 naira as the state fights a healthcare brain drain affecting the entire nation.
Nigeria just posted a massive economic win, with its trade surplus soaring 340% in early 2026 to reach $7.5 trillion naira. The West African nation is exporting more crude oil and buying fewer petroleum products from abroad.
A group of retired senior government officials in Nigeria's Zamfara State honored their governor for clearing 13 billion naira in overdue pension payments and transforming the state's finances. The recognition comes from people who served under multiple administrations and say they've never seen progress like this.
Nigeria's Federal Ministry of Works is investing over 500 million naira ($330,000 USD) to train citizens in skills like hairdressing, mechanics, and small business trades. The program targets women, youth, and retirees across multiple states with both training and startup equipment.
After a devastating fire destroyed over 1,000 shops in Kano's historic Singer Market, Nigeria's government and regional leaders have pledged 8 billion naira (roughly $5.3 million) to help traders rebuild. The swift response brings hope to thousands of merchants who lost their livelihoods in the weekend blaze.
Nigeria's procurement reforms saved the government over 1.1 trillion naira (roughly $670 million) in 2025 by streamlining how contracts are approved and awarded. The changes also cut approval times and strengthened penalties for officials who break the rules.
Nigeria's government just committed 50 million naira to cover transportation, food, and housing costs that keep cancer patients from finishing treatment. Over 200 verified patients will each receive at least $66 to overcome barriers blocking their care.
Nigeria's government is backing 500 tech entrepreneurs with training, grants up to $10 million naira, and equity investments reaching $100,000. The iDICE Startup Bridge Programme aims to transform innovative ideas into thriving businesses across all 36 states.
Nigerian filmmaker Funke Akindele's movie "Behind The Scenes" just became the first Nollywood film to gross over 2.4 billion naira (about $1.5 million USD), shattering industry records. The achievement proves local African stories can compete on the global stage.
After a devastating fire destroyed $6 million worth of goods at Kano's Singer Market, Deputy Senate President Barau Jibrin donated 100 million naira to help thousands of affected traders rebuild their livelihoods. His visit brought hope to a community reeling from their second major fire in recent months.
Nigeria just committed 50 million naira to help cancer patients afford the hidden costs that keep them from treatment. Over 200 people have already been verified to receive direct cash support. ##
After two years of losses totaling billions, Nestlé Nigeria is celebrating a stunning turnaround thanks to a steadier naira and smart local sourcing. The food giant just reported a profit of N105 billion, proving that stability can spark remarkable recoveries.
Nigeria's presidency just donated 50 million naira ($31,000 USD) to help tackle rising drug abuse, cybercrime, and violence in schools. The funding will power nationwide campaigns to reach students before harmful behaviors take root.
A technical college teacher from Anambra State just won Nigeria's first ever National Teachers Summit award, taking home 25 million naira for excellence in education. The achievement marks the second major education win for the state in four months.
Nigerian football hero Victor Osimhen surprised 35 struggling academy players with 10 million naira ($16,000) and shared the three principles that lifted him from poverty to stardom. The Galatasaray striker's generosity sparked a wave of gratitude across social media.
Nasarawa State is investing 6 billion naira (about $14 million USD) to upgrade a newly established specialist hospital, ensuring every region of the state has access to advanced medical care. The funding comes from World Bank resources awarded to the state for its business-friendly policies.
Nearly 280,000 households in Imo State, Nigeria just received direct cash payments totaling 6.6 billion naira (about $14 million USD) as part of the federal government's renewed commitment to lifting families out of poverty. The program puts money directly into the hands of those who need it most.
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