
As of Monday, May 19, 2025, the exchange rate for the US dollar against the Nigerian naira in the Lagos parallel market (commonly referred to as the black market) stands at ₦1625... Read more »

Lagos‑area currency traders (the “Aboki” market) quoted the U.S. dollar at ₦1,625 to buy and ₦1,635 to sell on Sunday, 18 May 2025, according to Bureau‑de‑Change sources. Reminder: The Central Bank of Nigeria (CBN) does not... Read more »

In the midst of a deepening housing crisis in Nigeria, Access Bank, the country’s largest lender by assets, has shown a shockingly lackluster commitment to solving one of the nation’s most pressing... Read more »

Dollar‑to‑Naira Exchange Rates (Friday, 16 May 2025) Black‑Market (Lagos “Aboki”) RatesAccording to several Bureau De Change (BDC) operators surveyed in Lagos: Rate (₦) Buying 1 USD = ₦1,622 Selling 1 USD = ₦1,635 These quotations reflect cash transactions on the informal, over‑the‑counter market... Read more »

As of Thursday, May 15, 2025, the exchange rate of the United States Dollar (USD) to the Nigerian Naira (NGN) in the Lagos parallel market, commonly referred to as the black market,... Read more »

As of Wednesday, May 14, 2025, the exchange rate for the US Dollar to the Nigerian Naira on the Lagos Parallel Market (commonly referred to as the black market) stands at ₦1,625... Read more »

The Nigerian National Petroleum Company (NNPC) Limited has announced a reduction in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, at its retail outlets in the Federal Capital... Read more »

As of Tuesday, May 13, 2025, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel Market commonly known as the black market or Aboki FX—stands as... Read more »

As of Monday, May 12, 2025, the exchange rate for the US dollar to Nigerian naira at the Lagos Parallel Market (Black Market) stands at ₦1615 for buying and ₦1625 for selling,... Read more »

In a quiet but meaningful move, the Dangote Petrochemicals Refinery has introduced a ₦10 per litre rebate on Premium Motor Spirit (PMS), providing modest relief for petrol marketers and, by extension, consumers... Read more »