Nigeria’s construction sector is currently grappling with another wave of price increases as the cost of cement continues to climb across major markets. Builders, developers, and contractors are feeling the pressure as the price of…
### Naira vs Dollar: Latest Exchange Rate in…
Nigeria’s foreign exchange market continues to draw attention as fluctuations in the value of the naira persist across both official and unofficial channels. Many individuals and businesses closely monitor these rates daily due to their…
Nigeria Reopens Petrol Imports as Fuel Prices Surge…
Nigeria’s fuel market has taken a new turn as the Federal Government reopens the door for petrol imports, reversing an earlier restriction that had been in place to promote local refining. The shift comes at…
Naira Trades Mixed Across Markets as Dollar Exchange…
Nigeria’s foreign exchange market recorded another day of fluctuating values as the naira continued to trade differently across official and unofficial currency channels, reflecting ongoing demand pressures within the economy. Market observers noted that activity…
Naira Faces Fresh Pressure as Dollar Trades Across…
Nigeria’s foreign exchange landscape continues to attract attention as traders, businesses, and individuals closely monitor movements between the naira and the United States dollar. Daily fluctuations in both official and unofficial markets remain a key…
Naira Trades Weaker at Parallel Market as Dollar…
The Nigerian currency continued to face pressure in the informal foreign exchange space as traders in Lagos quoted fresh figures for the United States dollar. Activity in the parallel market, commonly referred to as the…
Today’s Dollar to Naira Update – February 17,…
The Nigerian currency market continues to show a notable divergence between official and unofficial exchange rates. For those looking to swap dollars for Naira outside traditional banking channels, the black market remains active, albeit unrecognized…
Nigeria Holds Africa’s Leading Oil Producer Position as…
Nigeria has continued to dominate Africa’s crude oil landscape, retaining its position as the continent’s highest oil producer after recording a modest improvement in production levels at the start of 2026. Although the increase signals…
Naira Trades Weaker as Dollar Climbs in Parallel…
Foreign exchange activity across Nigeria’s informal currency market recorded notable movements on Thursday, reflecting continued pressure on the naira against the United States dollar. In Lagos’ parallel market, commonly referred to as the black market,…