Union Bank of Nigeria Completes Merger with Titan Trust Bank

LAGOS, NIGERIA – Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the... Read more »

First Bank Employee Diverts, Squanders Customer’s N10.5m Fixed Deposit

Sule Fabiyi, a septuagenarian residing in Osogbo, Osun State, has narrated how banker Abdulwahab Sani Shehu terminated a N10.5 million fixed deposit investment he once had with First Bank and subsequently mismanaged the sum.... Read more »

Press Release: Fidelity Bank Resumes International Transactions on Naira Debit Cards

Tier-one Lender, Fidelity Bank Plc, has announced the resumption of international transactions on its Naira Debit Cards. This recommencement gives customers the freedom to make seamless payments abroad, online, and at ATMs... Read more »

Black Market Dollar to Naira Exchange Rate – August 17, 2025

The dollar to naira exchange rate at the parallel market (commonly called the black market or Aboki fx) stands as follows: This rate reflects transactions in Lagos on Saturday, August 16, 2025,... Read more »

PRESS RELEASE: Sterling Bank Names First Beneficiaries of ₦2B ‘Beyond Education’ Fund

Lagos, Nigeria – August 7, 2025 – Sterling Bank, Nigeria’s leading financial institution, has announced the first recipients of its ₦2 billion Beyond Education Scholarship, a groundbreaking nationwide initiative designed to fund... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

The exchange rate between the United States dollar (USD) and the Nigerian naira (NGN) continues to fluctuate across different segments of the foreign exchange market. As of yesterday, Monday, August 4, 2025,... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

The Nigerian naira continues to face pressure against the U.S. dollar in the unofficial foreign exchange market. As of Sunday, August 3, 2025, the exchange rate at the Lagos Parallel Market, commonly... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

As of yesterday, Saturday, August 2, 2025, the exchange rate of the United States dollar to the Nigerian naira in the black market commonly referred to as the Lagos Parallel Market shows... Read more »

Price Of Bag Of Dangote, BUA, Other Cement This Week

The cost of cement in Nigeria remains a significant concern for builders and contractors as prices of regular and speciality cement products show significant increases across retail markets nationwide. Market surveys conducted... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

As of Friday, August 1, 2025, the exchange rate for the United States Dollar (USD) to the Nigerian Naira (NGN) in the Lagos Parallel Market commonly referred to as the Black Market... Read more »