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 »

The exchange rate between the U.S. dollar and the Nigerian naira at the Lagos Parallel Market (Black Market) stands at ₦1,575 per dollar for buying and ₦1,585 per dollar for selling as... Read more »

Dangote Refinery will stop loading petroleum products for Nigerian market as the renegotiation of the naira-for-crude deal is not recording significant progress, TheCable understands.  However, sources said the refinery will continue to... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1580 and... Read more »

The landing cost of imported premium motor spirit (PMS) has fallen to ₦797.66 per litre due to the ongoing competition among petroleum marketers. The Major Energies Marketers Association of Nigeria (MEMAN) stated... Read more »

The naira depreciated against the dollar across foreign exchange markets to begin the week despite a drop in Nigeria’s inflation. The Central Bank of Nigeria’s foreign exchange data showed that the Naira... Read more »

The exchange rate between the US Dollar (USD) and Nigerian Naira (NGN) continues to fluctuate, with notable differences between the official market rate set by the Central Bank of Nigeria (CBN) and... Read more »