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Nigeria’s currency, the naira, continued to decline against the American dollar on both the official exchange and parallel markets on Thursday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,387.44/$1, compared with N1,387.09/$1 on Wednesday. This represents a loss of N0.35 for the local currency against the dollar. On the black market, the …

By Ayo Kehinde In January 2026, Nigerian states recorded a significant increase in their share of value-added tax (VAT) revenue, receiving a total of approximately ₦551 billion. This sharp increase followed the implementation of new tax laws that changed the VAT distribution formula between levels of government. The development marked the first full month that the revised revenue sharing agreement …

Family members of a kidnapped member of the National Youth Service Corps (NYSC), identified as Abba, say they fear he was killed by his captors despite paying a $10 million ransom for his release. The family revealed that communication with the kidnappers broke down shortly after the ransom was delivered, raising strong fears that the body member may have been …

By Lincoln G. Peters Monrovia, Liberia – March 5, 2026 – The Liberian Senate has summoned the Director General and Board of the National Identification Registry (NIR) after River Cess County Senator Wellington Geevon Smith raised alarm over the ongoing suspension of National Citizens Identification Cards—a situation he says is disrupting financial transactions and access to essential services nationwide. Senator …