The price of Premium Motor Spirit (PMS, or petrol) and other refined petroleum products saw a significant increase at depots on Monday, raising concerns about potential adjustments to pump prices across the... Read more »

On Monday, January 13, 2025, the exchange rate for the US dollar to Nigerian naira at the Lagos Parallel Market (Black Market) was as follows: CBN Exchange Rate The Central Bank of... Read more »

The Nigerian naira continued its depreciation against the U.S. dollar at the official foreign exchange market on Monday. According to data from FMDQ, the naira weakened to N1,548.89 per dollar on Monday,... Read more »

Emerging reports suggest that the Bola Ahmed Tinubu-led administration is preparing to disclose the names of 18 banks allegedly owing nearly ₦200 billion to Nigerian telecommunications operators for Unstructured Supplementary Service Data... Read more »

As of Sunday, January 12, 2025, the exchange rate for the U.S. dollar to the Nigerian naira on the Lagos Parallel (Black) Market is as follows: It is important to note that... Read more »

As of Saturday, January 11, 2025, the dollar to naira exchange rate in the Lagos parallel market (commonly referred to as the black market) is as follows: This information was sourced from... Read more »

The naira ended the week on a negative note at the official foreign exchange market, depreciating against the dollar. According to data from the FMDQ, the naira weakened to N1,543.03 per dollar... Read more »

The Minister of Foreign Affairs, Maitama Yusuf Tuggar, has revealed that he urged China to invest in refining lithium within Nigeria, rather than allowing the mineral to be exported for processing. Gists9ja... Read more »

Black Market (Parallel Market) Rate As of Thursday, January 9, 2025, the exchange rate for the dollar to naira at the Lagos Parallel Market (Black Market) is as follows: These rates are... Read more »