As of Monday, March 24, 2025, the exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) continues to fluctuate due to varying economic factors, market demand, and regulatory policies.... Read more »

The recent suspension of petroleum product sales in naira by the Dangote Petroleum Refinery has triggered concerns across Nigeria’s fuel market. Many filling station operators are now stockpiling Premium Motor Spirit (PMS),... Read more »

As of Saturday, March 22, 2025, the exchange rate for the US dollar against the Nigerian naira in the Lagos parallel market (black market) stands as follows: These figures are based on... Read more »

In a decisive move to address the escalating cost of cement, the Federal Government, through the Ministry of Works, David Umahi, recently charged cement manufacturers to reduce the price of a 50kg... Read more »

The naira depreciated against the dollar at the official foreign exchange market, ending the week on a negative note. Meanwhile, on the black market, the naira remained stable at N1,580 per dollar... Read more »

The exchange rate for the U.S. dollar to the Nigerian naira in the Lagos parallel market (commonly known as the black market) sees traders buying a dollar at ₦1,580 and selling at... Read more »

In a notable development, the prices of essential food items have decreased substantially across major markets in Nigeria, providing relief to consumers grappling with the high cost of living. This trend is... Read more »

As of March 21, 2025, the price of refilling cooking gas (Liquefied Petroleum Gas – LPG) per kilogram in Nigeria has seen a significant decline compared to previous months. Recent market surveys... Read more »

As of Thursday, March 20, 2025, the exchange rate for the U.S. dollar against the Nigerian naira in the Lagos parallel market, also known as the black market, stands at ₦1,580 per... Read more »