The Central Bank of Nigeria (CBN) has confirmed to the Bureau De Change operators (BDCs) that it sold $10,000 to each BDC at an exchange rate...
The Euro to Naira exchange rate in the black market has reached a new high, with the rate standing at ₦1,559.767 on March 25, 2024. This...
The construction industry in Nigeria is facing a sharp increase in the prices of building blocks, which can be attributed to the recent hike in the...
Industry stakeholders are advocating for an increase in the number of cement manufacturers in Nigeria to enhance affordability, boost annual production, and meet the rising demand...
South African multinational corporation and mobile telecommunications provider, MTN, reportedly experienced a significant decline of 7.3 million active subscriptions in January 2024. Recent industry data indicated...
The Nigerian stock market has exhibited resilience, buoyed by the shares of companies associated with four Nigerian billionaire businessmen, despite the Central Bank of Nigeria’s (CBN)...
E-hailing drivers in Lagos, operating under the umbrella of the Amalgamated Union of App-Based Transporters of Nigeria, are on the brink of staging a protest against...
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...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has criticized the notion that the naira will stabilize at N400 to the...
The National Bureau of Statistics (NBS) has released its selected food prices watch report for February 2024, indicating a significant rise in the cost of basic...
A recent analysis has highlighted that Nigeria’s minimum wage of N30,000 is the lowest compared to seven other selected African countries. This finding underscores the economic...
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...
A rise in the cost of cooking gas in Nigeria has been reported by the National Bureau of Statistics (NBS), with the average price for 5kg...
The cost of essential food commodities like rice and beans has seen a significant rise across Nigeria, a trend attributed to recent policy changes by President...
The Nigerian naira experienced a notable appreciation in the parallel foreign exchange market on Friday, trading at ₦1,470 per dollar, marking a 2 percent increase from...
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 Nigerian naira continued its upward trajectory against the United States dollar, closing at 1,382/$ in the official market on Thursday, marking a significant N18 gain....
Renowned economic expert, Bismark Rewane has expressed optimism about the future of Nigeria’s currency, the naira, forecasting brighter days ahead despite its recent depreciation against major foreign...
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...
As the snail farming industry in Nigeria gains momentum, consumers and businesses are keenly observing the fluctuating prices of snails across different regions and seasons. The...