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...
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...
Mark Zuckerberg, the CEO of Meta, has outpaced Elon Musk, CEO of Tesla, claiming the title of the world’s third-richest person. This development marks Zuckerberg’s highest...
The Central Bank of Nigeria (CBN) has banned all Nigerian banks from using foreign currencies as collateral for naira loans. Naija News reports that the apex...
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...
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 Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns over the challenges of doing business in Nigeria caused by multiple factors. Naija News understands...
The Naira’s depreciation over recent months has led to significant setbacks in the West African market, with trans-border traders increasingly rejecting the Nigerian currency in favor...
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 experienced a notable appreciation, reaching ₦1,245 per dollar in the parallel market on Friday, surpassing the official and Bureau De Change (BDC) segments’...
Beer, one of humanity’s oldest and most universally consumed alcoholic beverages, ranks third in popularity after water and tea. Its brewing process involves fermenting starches from...
The cost of cement varies significantly across the world due to factors like production costs, availability of raw materials, labour costs, and government policies. It’s important...
Amidst growing economic hardship, Nigerians are eagerly awaiting a policy change under President Bola Tinubu’s administration that could lead to reduced prices for food commodities. Recent...
The strengthening of the Naira in both the black market and official exchange rates has not translated into a reduction in cement prices in Nigeria, causing...
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 cryptocurrency market has witnessed a significant resurgence, with Bitcoin leading the charge, its value more than doubling over the past year. This revival, dubbed the...
In a move to accommodate the growing demand for its Lagos-London route, Air Peace, a leading Nigerian airline, has announced an increase in flight capacity. Naija...
At the close of trading on Wednesday, Nigeria’s currency, the naira appreciated to ₦1,240 per dollar at the parallel section of the Foreign Exchange (FX) market....