Naira Records Major Drops Against Dollar Week-on-week Amid Trump’s Tariffs

The Nigerian naira experienced a notable decline against the US dollar between March 28 and April 4, 2025, following the announcement of new tariffs by the administration of former US President Donald... Read more »

Nigeria’s Public Debt Soars by 48.58% to N144.67 Trillion

Nigeria’s public debt has witnessed a significant rise, climbing by 48.58% to reach ₦144.67 trillion as of December 2024, compared to ₦97.34 trillion recorded at the close of 2023. This surge was... Read more »

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

As of Saturday, April 5, 2025, the exchange rate for the dollar to naira at the Lagos parallel market, commonly referred to as the black market, has seen a slight fluctuation. According... Read more »

“Selling Akara Is Not for the Faint-Hearted” – Lady Shares Shocking Perspective on Popular Trade

A Nigerian woman has sparked widespread conversation on social media after describing the roadside sale of bean cakes, popularly known as akara, as one of the most spiritually and physically challenging businesses... Read more »

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

As of Friday, April 4, 2025, the exchange rate for the US Dollar to the Nigerian Naira in the Lagos Parallel Market, also known as the black market, is ₦1555 for buying... Read more »

Naira Records Highest Depreciation Against Dollar Amid Trump’s Tariff War

The Nigerian naira experienced a significant depreciation on Thursday, April 3, 2025, falling to ₦1,552.53 per US dollar at the official exchange window. This represents a ₦21.28 decline from the previous day’s... Read more »

Price Of Refilling Cooking Gas Per Kg In Nigeria

As of April 4, 2025, the cost of cooking gas in Nigeria has climbed significantly, with consumers now paying around ₦1,020 per kilogram. This marks a sharp increase compared to previous years... Read more »

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

The Nigerian naira continued to experience fluctuations in the foreign exchange market, with the U.S. dollar trading at ₦1550 for buying and ₦1560 for selling in the Lagos parallel market, popularly known... Read more »

China Vows Retaliation as Trump Imposes New Tariffs on Chinese Goods

Beijing has vowed to implement countermeasures following U.S. President Donald Trump’s announcement of additional tariffs on Chinese imports, intensifying the ongoing trade conflict between the world’s two largest economies. The United States... Read more »

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

As of April 2, 2025, the exchange rate of the U.S. dollar to the Nigerian naira continues to fluctuate between the official and parallel markets. In the black market, commonly known as... Read more »

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