Forex Crisis: Naira Slumps For 2nd Consecutive Time Against Dollar

The Naira has slumped for a second consecutive time against the dollar in the foreign exchange market. FMDQ data showed that the Naira further depreciated to N1488.60 on Wednesday from N1476.95 traded... Read more »

Black Market Dollar To Naira Exchange Rate Today

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1480 and... Read more »

Naira Drops ‘Little Value’ Against US Dollar At Official Market

Data obtained from the official trading platform of the FMDQ Exchange on Tuesday indicated that Nigerian currency, the Naira experienced a decrease of 83 kobo, translating to a 0.06 per cent loss... Read more »

Naira Crisis: Nigeria’s Forex Transactions Drop By 42.92%

Nigeria’s foreign exchange turnover transaction dropped by 42.92 percent amid the continued fluctuations of the Naira against the dollar. FMDQ data on Monday showed that FX turnover crashed to $121.87 million from... Read more »

Petrol Hits 176.02% Per Litre Price Increase As Nigeria Quietly Resume Payment Of Fuel Subsidy – Experts Reveal

The latest data from the National Bureau of Statistics (NBS) indicate that the average national petrol price has risen by 176.02 per cent year over year (YoY), from N701.24 per litre in... Read more »

Black Market Dollar To Naira Exchange Rate Today 

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1490 and... Read more »

JUST IN: CBN Revokes Licence Of Heritage Bank Over Poor Financial Performance

The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect. This is according to a statement from the Acting Director, Corporate Communications at the CBN,... Read more »

Price Of Cooking Gas May Drop Across Nigeria

The price of liquefied petroleum gas (LPG), commonly known as cooking gas, is significantly decreasing, providing much-needed relief to consumers in several states, including Ogun, Lagos, and Oyo. Recent interactions with consumers... Read more »

Black Market Dollar To Naira Exchange Rate Today 

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1480 and... Read more »

Why No New Refinery In Other African Countries In 35 Years – Aliko Dangote

Aliko Dangote, the owner of the $20 billion Dangote Refinery, has blamed beneficiaries of fuel importation in other African countries for the absence of new refineries in the continent in the past... Read more »

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