Current Black Market Dollar (USD) to Naira (NGN) Exchange Rate

Dollar to Naira Exchange Rate (Black Market) on December 5, 2024 As of Thursday, December 5, 2024, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel... Read more »

Nigeria’s Fuel Imports Reach 2.3 Billion Litres Despite New Refinery Operations

Nigeria’s Ongoing Petrol Imports Remain High Despite Dangote and Port Harcourt Refineries’ Operations Despite the commencement of operations at the Dangote and Port Harcourt refineries, Nigeria’s petrol imports have reached an alarming... Read more »

Current Black Market Dollar (USD) to Naira (NGN) Exchange Rate

As of Wednesday, December 4, 2024, the exchange rate for the U.S. dollar to Nigerian naira at the Lagos Parallel Market (commonly referred to as the black market) stands as follows: These... Read more »

Netflix Responds to Exit Rumors

Netflix has denied rumors suggesting that it plans to exit Nigeria, amidst growing speculation regarding its future in the country. The rumors gained traction following comments by Nigerian filmmaker Kunle Afolayan, who... Read more »

NETFLIX Set to Exit Nigerian Market

Internationally renowned streaming giant Netflix is reportedly preparing to exit the Nigerian market due to the country’s ongoing economic challenges. The decision comes amid rising inflation and an unfavorable economic climate, as... Read more »

Current Black Market Dollar (USD) to Naira (NGN) Exchange Rate

Dollar to Naira Exchange Rate Today (Black Market and CBN Rates) As of Tuesday, December 3, 2024, the exchange rate for the US dollar to the Nigerian naira in the Lagos parallel... Read more »

Price Of Bag Of Rice, Beans, Tomatoes, Other Food Commodities This Week

Festive Season and Food Price Surge in Nigeria The festive season in Nigeria, encompassing celebrations such as Christmas, New Year, and Eid, significantly impacts the cost of foodstuffs across the country. This... Read more »

Current Cement Prices: Dangote, BUA, and Others This Week

Analysis: Cement Price Instability in Nigeria Cement prices in Nigeria have remained volatile due to a combination of local and global economic pressures, infrastructural challenges, government policies, and market-specific dynamics. This price... Read more »

Current Price of Refilling Cooking Gas Per Kilogram in Nigeria

Rising Cooking Gas Prices in Nigeria: Key Trends and Drivers The price of cooking gas, or Liquefied Petroleum Gas (LPG), has soared in Nigeria, affecting household budgets and sparking widespread concern. As... Read more »

FG to Implement N50 Electronic Levy Deductions on OPay, Moniepoint, and Others

Nigerians are set to face higher charges as the Federal Government has officially begun the N50 electronic levy on transactions above N10,000 conducted through Financial Technology (FinTech) platforms like OPay and Moniepoint.... Read more »

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