Naira Gains Ground Against Dollar as Oil Output Climbs
The naira strengthened to 1,540 per dollar on Thursday as Nigeria's oil production hit a six-month high, easing pressure on the central bank's foreign exchange reserves.
10 July 2026
Nigeria's upper chamber passed the long-stalled tax reform legislation Thursday, paving the way for changes that economists say could reshape how businesses are taxed.
The naira strengthened to 1,540 per dollar on Thursday as Nigeria's oil production hit a six-month high, easing pressure on the central bank's foreign exchange reserves.
10 July 2026New guidance from the UK Home Office targets dependent applications linked to Nigerian student visas. Here is a plain-language breakdown of what changes, what stays the same, and what to do if you have an application in progress.
9 July 2026A six-month investigation by People's News found that counterfeit goods worth an estimated 180 billion naira entered Nigeria through Apapa and Tin Can Island ports in 2025, aided by compromised customs officials and a paper-based clearance system that has not been modernized in a decade.
8 July 2026Governor Babajide Sanwo-Olu announced three new free bus rapid transit routes connecting Lagos Island to the mainland, a move he said would reduce commute times by up to 40 percent for residents in affected corridors.
7 July 2026Diaspora lens
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New guidance from the UK Home Office targets dependent applications linked to Nigerian student visas. Here is a plain-language breakdown of what changes, what stays the same, and what to do if you have an application in progress.
A six-month investigation by People's News found that counterfeit goods worth an estimated 180 billion naira entered Nigeria through Apapa and Tin Can Island ports in 2025, aided by compromised customs officials and a paper-based clearance system that has not been modernized in a decade.
