Author: Olaoluwa Vincent Ajayi

Naira falls to ₦1,848/£ as forex pressure deepens in Nigeria

Nigeria’s currency came under renewed pressure on Friday as the naira weakened further against the British pound, trading at ₦1,848.05 to £1. The latest drop highlights growing strain in the foreign exchange market and raises fresh concerns over rising costs for households, students and businesses across the country. Data from OANDA Corporation shows the naira declined from ₦1,846.73 recorded a day earlier and ₦1,842.62 previously, confirming a steady downward trend. Analysts say the movement reflects persistent demand for foreign currencies amid limited supply. Why the naira is weakening The depreciation is largely driven by strong demand for foreign exchange to…

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Front pages of Newspapers around World — 27 March 2026

Front pages of newspapers across the world reflect a shared moment of uncertainty shaped by economic strain, geopolitical tension and shifting social priorities. From the United States and the United Kingdom to Canada, Australia and India, headlines are dominated by rising inflation, energy costs and the impact of global conflicts, particularly in the Middle East. Governments are grappling with policy decisions on security, trade and welfare, while societies confront debates around technology regulation, social justice and public accountability. At the same time, stories of tragedy, political rivalry and economic pressure sit alongside lighter features in sport and culture, offering a…

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Naira extends losses, trades at ₦1,846.73 per pound — March 26, 2026

The Nigerian naira weakened further against the British pound on March 26, 2026, trading at ₦1,846.73 to £1, down from ₦1,842.62 recorded a day earlier, according to data from OANDA Corporation. The latest movement reflects continued pressure on Nigeria’s foreign exchange market amid strong demand for foreign currencies. Currency analysts say the decline highlights persistent structural challenges, including limited forex supply and heavy reliance on imports and international transactions. Businesses and individuals continue to seek foreign exchange to meet obligations abroad, placing additional strain on the naira. Read related news: Naira falls to ₦1,842.62 per pound on March 25, 2026…

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Front pages of Newspapers around World — 26 March 2026

From Washington to Beijing, London to Lagos, today’s front pages reflect a world under pressure. Security threats, political divisions and economic uncertainty dominate coverage across major newspapers, while Big Tech faces growing legal scrutiny over its impact on society. In the Middle East, diplomatic efforts remain fragile as tensions persist between global powers. Across Africa and Asia, governments grapple with internal politics, security crises and development challenges. Meanwhile, shifting markets and policy decisions continue to shape economic outlooks worldwide. Together, these front pages offer a snapshot of a fast-moving global landscape where conflict, accountability and reform remain at the centre…

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The British pound maintained a steady position against the Nigerian naira on 5 January, extending the stability recorded a day earlier despite lingering...

The Nigerian naira weakened further against the British pound on Tuesday, trading at ₦1,842.62 to £1 on March 25, 2026, according to data from OANDA Corporation, highlighting continued pressure on Nigeria’s foreign exchange market. The latest exchange rate reflects sustained demand for foreign currency and ongoing volatility in the naira, as businesses and individuals continue to rely heavily on imports and international transactions. Naira Under Pressure in Forex Market Currency analysts say the depreciation of the naira against the pound underscores structural challenges in Nigeria’s forex supply, including limited dollar inflows and strong demand for foreign currencies. Despite recent reforms…

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Front pages of Newspapers around World — 25 March 2026

Across the world, today’s front pages  newspapers reflect a rapidly shifting global landscape shaped by conflict, economic uncertainty, political tension, and social change. From escalating crises in the Middle East and high-stakes diplomacy between global powers, to domestic political battles and economic pressures affecting everyday lives, newspapers capture a moment of both instability and transformation. At the same time, stories of technological disruption, environmental challenges, and evolving social issues highlight how societies are adapting to new realities. Together, these headlines offer a snapshot of a world navigating uncertainty, where decisions made today are set to influence the direction of nations…

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Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, has launched a national initiative that will lift millions of Nigerians out of poverty, unveiling a unified system to transform the delivery of humanitarian and poverty reduction interventions nationwide. The framework, known as the One Humanitarian, One Poverty Response System (OHOPRS), was introduced in Abuja at a national technical workshop led by the Minister, Dr. Bernard Doro. The initiative targets the ambitious goal of moving 50 million Nigerians out of poverty within five years, as part of broader reforms under the administration of Bola Ahmed Tinubu. Unified System…

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Presidency Defends Tinubu, Says UK Visit Produced Real Economic Gains

Nigeria’s presidency has defended the outcomes of President Bola Ahmed Tinubu’s recent state visit to the United Kingdom, dismissing a critical analysis by Chatham House as incomplete and lacking depth. In a strongly worded response attributed to government allies, the critique of Tinubu’s foreign engagements, particularly the March 2026 UK visit—was described as “selective pessimism” that ignores measurable economic progress and tangible diplomatic gains. Dispute Over Impact of UK Visit The controversy follows commentary by Dr Leena Koni Hoffmann, which argued that Tinubu’s high-profile diplomacy has delivered little benefit to ordinary Nigerians. However, the presidency’s supporters insist the claim is inaccurate, pointing to…

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Home office,Govt removes appeal rights for failed asylum applicants in UK

The United Kingdom government is set to deport thousands of migrants before they can appeal, following a new policy unveiled last week targeting failed asylum seekers and foreign criminals. The plan represents a sweeping shift in immigration policy aimed at reducing a record backlog of asylum cases and cutting the rising cost of housing migrants. Home Secretary Shabana Mahmood is leading the new approach, which will allow removals immediately after asylum claims are rejected. Under the policy, affected individuals will only be able to challenge decisions after they have been returned to their home countries, effectively ending in-country appeals for…

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Explore newspaper front pages around the world for 24 March 2026, featuring top global headlines, politics, and major events. March 24 , 2026

For Newspapers around World, Global events are unfolding at pace, with conflict, economic uncertainty, and political decisions shaping the lives of millions across continents. From rising geopolitical tensions in the Middle East to shifting energy markets and policy debates in major economies, today’s headlines reflect a world balancing risk and opportunity. Governments face mounting pressure to respond to security threats, stabilise economies, and maintain public trust, while citizens grapple with the real impact of these decisions. As developments continue to evolve, the focus remains on diplomacy, resilience, and the search for lasting solutions in an increasingly interconnected world. Let’s take…

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