As of February 2025, cement prices in Nigeria have experienced significant fluctuations due to multiple economic factors, including currency devaluation, the removal of fuel subsidies, and shifting market dynamics. These changes have... Read more »

As of mid-February 2025, the cost of refilling Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has surged across Nigeria. In certain areas, prices have reached as high as ₦1,500 per... Read more »

The Naira gained N15 against the dollar at the parallel foreign exchange market in the past five days. Analysis of the week’s FX data showed that the Naira strengthened at the black... Read more »

Dangote Petroleum Refinery & Petrochemicals has announced another reduction in diesel prices, lowering the rate to ₦1,020 per litre from its previous price of ₦1,075 per litre. This move is part of... Read more »

As of Tuesday, February 11, 2025, the exchange rate between the U.S. dollar (USD) and the Nigerian naira (NGN) in the Lagos parallel market (commonly known as the black market) remains volatile.... Read more »

MRS Oil has announced a downward revision in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, across its retail outlets in Nigeria. In Lagos State, the price has... Read more »

As of Sunday, February 9, 2025, the black market exchange rate for the U.S. dollar to the Nigerian naira in Lagos is as follows: These rates are based on information from Bureau... Read more »

The exchange rate between the U.S. dollar and the Nigerian naira in the Lagos parallel market, commonly referred to as the black market, continues to fluctuate as demand for foreign exchange remains... Read more »

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, in Nigeria has experienced significant volatility over the past year, reflecting broader economic trends and supply chain challenges. Price Trends... Read more »