Nigerian Newspaper Review – Friday, August 22, 2025
Welcome!
Good morning, Headlineswave readers! Here’s your daily roundup of today’s top stories
1.EFCC Deports 102 Foreign Cybercrime Convicts
Nigeria has deported 50 Chinese nationals and one Tunisian – among 102 foreign cybercriminals repatriated since Aug 15 in a major crackdown on fraud syndicates.
Source: Reuters via Al Jazeera
2.External Reserves Hit 44-Month High at $41.05 Billion
Nigeria’s foreign exchange reserves surged to $41.05 billion, the highest level since December 2021, signaling improved macroeconomic stability.
Source: ThisDay
3.Vanguard Reports FX Reserves Boost Naira Appreciation
CBN data confirms reserves at $41 billion, driving naira’s parallel market rate to N₦1,545 per dollar, narrowing the gap with the official rate.
Source: Vanguard
4.EFCC, Immigration Deport 51 More Convicts
An additional 51 convicted foreign cybercriminals – 50 Chinese and one Tunisian – were deported, bringing total number of foreign convicts repatriated to 102 since August 15.
Source: Champion Newspapers
5.Daily Trust Confirms Total Foreign Deportees at 102
Daily Trust reports that the EFCC and Immigration Service have deported 102 foreign nationals convicted of cyber-terrorism and internet fraud over the past week.
Source: Daily Trust
6.Naira’s Appreciation Underpinned by FX Reserve Gains
Analysts say the Naira’s strengthening stems from rising external reserves that boost investor confidence and market stability.
Source: Guardian Nigeria
7.National Press Highlights Reserves Milestone
The National Press marks Nigeria’s external reserves reaching $41 billion, the highest in 44 months – a strong indicator of economic resilience.
Source: The National Press
8.Google’s AI Search Mode Launches in Nigeria
Google has introduced AI-enhanced search mode in Nigeria-offering smarter and more personalized search experiences across Africa.
Source: BusinessDay
9.Cold-Chain Infrastructure Gaps Exposed: Nigeria Needs 25,000 Fridge Trucks
OTACCWA reports Nigeria requires at least 25,000 refrigerated trucks to close massive cold-chain infrastructure gaps and reduce post-harvest losses.
Source: Champion News
10.Emzor Invests $23M in Antimalarial Drug Manufacturing
Emzor Pharmaceutical Industries announced a $23 million plant to locally produce antimalarial ingredients-aiming to cut drug import dependency by 2026.
Source: Punch
