As of Thursday, January 2, 2025, the exchange rate for the dollar to naira at the Lagos Parallel Market (Black Market) is as follows: In contrast, the Central Bank of Nigeria (CBN)... Read more »

A recent report suggests that the Nigerian government might reduce its crude oil supply to Dangote Petroleum Refinery, cutting it down from the current allocation of 300,000 barrels per day. This adjustment... Read more »

The exchange rate for the U.S. Dollar to Nigerian Naira at the Lagos Parallel Market (Black Market) on Wednesday, January 1, 2025, stands as follows: Sources from Bureau De Change (BDC) confirmed... Read more »

Telecommunications operators in Nigeria have reiterated the need for an upward review of tariffs on calls, data, and other services to ensure the industry’s survival amid worsening economic conditions. The operators, under... Read more »

As of Monday, December 30, 2024, the exchange rate at the Lagos Parallel Market (Black Market) is as follows: It is important to note that the Central Bank of Nigeria (CBN) does... Read more »

Naira Depreciates Against the Dollar as 2025 Approaches, Projections for 2025 Forecast Further Decline As 2025 draws near, the naira has shown signs of depreciation against the US dollar, both in the... Read more »

Nigeria Secures $1.5 Billion World Bank Loan to Drive Economic Reforms Nigeria has successfully secured a $1.5 billion loan from the World Bank, a pivotal step in the government’s efforts to implement... Read more »

Dollar to Naira Exchange Rate Today (Black Market) As of Sunday, 29th December 2024, the exchange rate for the US Dollar to Naira at the Lagos Parallel Market (Black Market) is as... Read more »

The Nigerian Naira is projected to depreciate to a fair value of N1,804 per dollar in the official market by 2025, according to a recent report by Afrinvest titled ‘Beyond The Rhetorics:... Read more »