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In early September 2023, the Pakistani government under administration of the Pakistan Armed Forces initiated a crackdown targeting both individuals and organizations engaged in various forms of smuggling, with a particular focus on essential commodities such as wheat, sugar, urea, oil, dollars as well as power theft, hoarding, and illegal currency exchange.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
A fire at an Islamic school in Kaura Namoda, Zamfara State, Nigeria, kills at least 17 people. International relations. Israel and the United Nations. Israel withdraws from the United Nations Human Rights Council, accusing the UN body of "obsessively demonizing" and discriminating against the country.
Relations between Pakistan and Nigeria are friendly, affable and strong. In January 2009, Nigeria's then Minister of Defence, Shittima Musa, announced that "Nigeria and Pakistan would continue to maintain closer relations" and stated that the two countries have also declared to forge closer military ties, especially in the areas of military training and transfer of technology.
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 February 2025 Pakistan inflation rate recorded 2.4% lowest in 9 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
In pursuing the goal of regional economic cooperation and development, Nigeria helped create ECOWAS, which seeks to harmonise trade and investment practices for its 16 West African member countries, ultimately achieve a full customs union, and establish a single currency. Nigeria also has taken the lead in articulating the views of developing ...
When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.
Pages in category "Nigeria–Pakistan relations" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes. *