Naira Ranks Ninth Weakest Currency In Africa

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for September 2025. The Naira’s value has been under pressure, with an exchange rate of approximately ₦1,490 per $1. Despite this ranking, Nigeria’s inflation rate has shown significant improvement in 2025, with a rare disinflationary…

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Arms Funds: Nigeria Wins Legal Battle To Recover

Nigeria has successfully reclaimed over $6 million from the United States government, following a prolonged legal battle spanning nearly a decade. The funds were originally seized in 2014 after an arms broker, Dolarian Capital Inc. (DCI), attempted to supply military equipment to Nigeria without the necessary U.S. government license. The U.S. authorities cited a violation…

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Police Tracker Was Used To Monitor Politicians’ Enemies, Mistresses, Instead Of Kidnappers – Report

A retired senior police officer says a real-time tracking platform, once instrumental in helping to solve criminal cases by the Intelligence Response Team (IRT), was misused by politicians. According to Vanguard, the unnamed former officer said the tracking system, meant to combat kidnapping, ended up being used to monitor “enemies and mistresses” of politicians. In…

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