UBA Suffers System Glitch As Customers Lose N180.5m

The United Bank for Africa (UBA Plc), chaired by Tony Elumelu, is grappling with the aftermath of a significant system malfunction that resulted in the unauthorized withdrawal of over ₦180.5 million from... Read more »

Sterling Bank Commits ₦2 Billion to Fully Fund Private University Scholarships for 600 Young Nigerians

Lagos, Nigeria – Nigeria’s most forward-looking financial institution, Sterling Bank, has announced an over ₦2bn commitment for fully-funded private university scholarships for youngNigerians. Unveiled on Democracy Day, the initiative titled Beyond Education,... Read more »

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

As of Saturday, May 31, 2025, the exchange rate for the US dollar to the Nigerian naira at the Lagos Parallel Market commonly referred to as the black market stands at ₦1606... Read more »

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

As of Tuesday, May 27, 2025, the exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) at the Lagos Parallel Market, commonly known as the Black Market, shows... Read more »

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

As of Monday, May 26, 2025, the exchange rate for the U.S. dollar against the Nigerian naira in the Lagos parallel market, commonly referred to as the black market, stands at ₦1,610... Read more »

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

The exchange rate between the US dollar and the Nigerian naira continues to fluctuate in the parallel market. As of Saturday, May 24, 2025, the dollar is being bought at ₦1610 and... Read more »

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

The U.S. dollar continues to trade at high levels in the Nigerian parallel market (commonly known as the black market). As of Thursday, May 22, 2025, traders at the Lagos Parallel Market... Read more »

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

As of Wednesday, May 21, 2025, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos parallel market (commonly referred to as the black market) stands as follows:... Read more »

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

As of Tuesday, May 20, 2025, the exchange rate for the U.S. dollar at the Lagos Parallel Market, commonly referred to as the black market, stands at ₦1,625 for buying and ₦1,630... Read more »

Polaris Bank In Trouble Over Staff Loan Liability Inherited from Defunct Skye Bank

Polaris Bank has come under scrutiny over the handling of a staff loan inherited from the defunct Skye Bank, leaving a former employee, Mr. Ude, in financial distress after acting as a... Read more »