The black market (parallel market) exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) on Saturday, February 1, 2025 is as follows: This rate is based on transactions at the... Read more »
The Nigerian Naira recorded a strong performance against the US dollar over the past week, appreciating in both the official and parallel foreign exchange markets. From Monday, January 27, 2025, to Friday,... Read more »
The Nigeria Export Promotion Council (NEPC) has confirmed that the Central Bank of Nigeria (CBN) has approved the inclusion of the CFA Franc on Nigeria Export Proceeds (NXP) forms to facilitate the... Read more »
As of February 1, 2025, the exchange rate for the U.S. dollar to the Nigerian naira in the parallel (black) market is as follows: These rates may differ slightly depending on location... Read more »
As of January 31, 2025, Nigeria continues to experience a sharp rise in the prices of staple food items, a trend that has worsened over the past year. The rising costs have... Read more »
Cooking Gas Prices Surge in Nigeria, Reaching ₦1,300 Per Kilogram As of January 31, 2025, the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a sharp increase... Read more »
Cement Prices in Nigeria Surge to ₦10,000 Per Bag, Raising Industry Concerns As of January 31, 2025, the price of cement in Nigeria has soared to approximately ₦10,000 per 50kg bag, marking... Read more »
s of Thursday, January 30, 2025, the exchange rates for the U.S. dollar to the Nigerian naira are as follows: Black Market (Parallel Market) Rates: Read more »
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that the apex bank’s strategic policy interventions helped prevent Nigeria’s inflation rate from surging to 42.81% by December 2024.... Read more »
The value of the Nigerian Naira against the U.S. Dollar continues to fluctuate, with significant variations between the official exchange rate and the black market rate. Below is an update on the... Read more »