Category: Economy

The British pound traded at around ₦2,065.96 to £1 in Nigeria, according to current online currency converters. On the black market, however, rates ranged between […]

The naira traded at ₦1,421.73 to the US dollar on Monday, November 3, 2025, according to data released by the Central Bank of Nigeria (CBN) […]

As of Friday, October 31, 2025, the US dollar is trading around ₦1,490 (sell) and ₦1,479 (buy) in Nigeria’s parallel or black market, reflecting ongoing […]

The naira gained slightly against the US dollar at the official foreign exchange market on Friday, even as black-market rates remained higher — highlighting the […]

Abuja — The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to help fund part of Nigeria’s 2025 budget deficit. […]

The naira strengthened at the official market on Wednesday, while the parallel (black) market remained weaker, reflecting the ongoing gap between formal foreign exchange platforms […]

The naira strengthened slightly on Tuesday, trading at ₦1,487 per dollar in the parallel market, compared to ₦1,491 per dollar recorded on Monday. A similar […]

The Major Energy Marketers Association of Nigeria (MEMAN) says the removal of fuel subsidy has paved the way for full deregulation, creating room for innovation […]

The Naira gained some strength against the US Dollar in the official Nigerian Foreign Exchange Market (NFEM) on Monday, October 28, 2025, while the parallel […]

Nigeria’s power generation companies (GenCos) have once again urged the Federal Government to take immediate action to address the deepening liquidity crisis in the Nigerian […]