Video - Nigeria mulls banning black market trade to protect naira

Nigeria plans banning black market trading to protect its currency, the naira from further depreciation. The Nigerian unit touched a 492 per dollar low last week, as the difference between the official rate and black market rate continues to widen. The naira trades at an average of 315 on the official market.

Video - Nigeria claims capture of Boko Haram base in Sambisa

Nigerian president says fighters "on the run" after army seizes their "last enclave of Sambisa Forest" in Borno state.

Video - Economic hardship forces Nigerians to cut back, even on essentials

In Nigeria rising inflation and dwindling income is dampening the festive mood to many. Nigeria is struggling to lift itself from the worst recession in decades and many can't find enough money to afford essential goods and services during the festive season.

Video - Nigeria's Aruna Quadri first African to reach table tennis quarters

The Olympic Games were not just about winning medals, some athletes like Aruna Quadri made history by breaking new ground in Table Tennis.

Video - CBN's special auction to clear backlog of dollar obligations

Nigeria's Central Bank will hold a special foreign exchange auction to clear a backlog of outstanding dollar demand for selected sectors. It has asked commercial lenders to submit the backlog for dollar demand from fuel importers, airlines, as well as manufacturing and agricultural firms. These sectors have seen severe foreign exchange shortages hamper, at best, but more often, cripple their operations.