The US dollar has again experienced a significant decrease in value against the Nigerian Naira, with a depreciation of N60. The latest exchange rate figures follow...
According to the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production declined for the second consecutive month in March. The country’s daily output dropped...
Amidst ongoing economic challenges, Nigerians are hopeful that the recent remarks by billionaire businessman and chairman of the Dangote Group, Aliko Dangote, about the potential decrease...
As economic hardships continue to grip the nation, Nigerians are keenly awaiting potential policy changes from President Bola Tinubu’s administration that could lead to significant reductions...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
Starlink, the internet venture from billionaire entrepreneur Elon Musk, has announced a substantial reduction in the price of its hardware in Nigeria. The cost of the Starlink...
The fallen crypto magnate, Sam Bankman-Fried, has formally lodged an appeal against his federal conviction and the 25-year prison sentence he received. This development comes in...
The official currency of Japan, Yen, has suffered a massive fall against the United States (US) Dollar. Naija News understands that Yen fell nearly a per...
Central Bank of Nigeria (CBN) employees have expressed growing concerns and a pervasive sense of insecurity due to a spate of dismissals sweeping through the institution...
The Association of Bureaux de Change Operators of Nigeria (ABCON) has proposed that the Central Bank of Nigeria (CBN) issue a directive requiring non-oil exporters to...
In a bold attempt to steer Nigeria’s economy towards stability, the Central Bank of Nigeria (CBN), under the leadership of Governor Yemi Cardoso, has embarked on...
The Nigeria Customs Service (NCS) has revised the foreign exchange (FX) rate applicable to customs duties, a significant move that aligns with the Central Bank of...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
The Minister of Finance, Wale Edun, announced the allocation of N4.83 trillion from Treasury Bills and Bonds to settle the outstanding Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN), led by its Governor, Yemi Cardoso, has implemented various policies and reforms aimed at stabilising the naira and returning the local...
The founder of Dangote Petrochemical Refinery, Aliko Dangote, will meet with marketers next week to discuss the pricing of petroleum products from the refinery and other...
What is the Dollar to Naira Exchange rate at the black market, also known as the parallel market (Aboki fx)? See the black market Dollar to...
The World Bank has forecasted a promising uptick in the growth rates of African economies, with expectations of an increase from 2.6 per cent in 2023...
The Nigerian currency, the naira, witnessed a significant appreciation in the parallel foreign exchange (FX) market, reaching ₦1,120 to the dollar on Monday. This rate reflects...
There were a series of lamentations yesterday by currency traders over the increasing losses and decreasing demand for the dollar as the naira continued to strengthen...