Category: Economy

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 […]

The naira maintained a stable performance in the official foreign exchange market on Monday, while rates in the parallel (black) market remained slightly higher, according […]

The naira held steady around ₦1,459 per dollar at the official foreign exchange window on Sunday, October 26, 2025, while street and cash market rates […]

The naira remained steady over the weekend, holding close to its mid-October levels as both the official and parallel market rates showed little movement.   […]

The Financial Action Task Force (FATF), a global body that monitors money laundering and terrorist financing, has officially removed Nigeria, South Africa, Burkina Faso, and […]

The naira held steady at the official foreign exchange market on Friday but continued to weaken in the parallel (black) market.   At the Nigerian […]