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…
USD to NGN Exchange Rates Today: Black Market…
What is the current Dollar to Naira exchange rate at the black market (Aboki FX)? Below is the parallel market rate for Thursday, December 11, 2025. These are the rates at which you can exchange…
Petrol Imports Jump 80% as Nigeria Faces Refinery…
Nigeria’s supply of Premium Motor Spirit (PMS), commonly known as petrol, rose significantly in November 2025, increasing by 37.7% to 23.52 million litres per day compared to 17.08 million litres recorded in October. Data released…
NUPRC Praised for Transparent Disbursement of Frontier Exploration…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has received commendation for its transparent management and timely release of the Frontier Exploration Fund (FEF) to the Nigerian National Petroleum Company (NNPC) Limited. In a statement on…
Lagos Govt Seals ShopRite Outlet Over Alleged Tax…
The Lagos State Internal Revenue Service (LIRS) has sealed the Shoprite outlet at Ikeja City Mall over alleged non-compliance with tax obligations. A notice displayed at the entrance stated that the action followed a violation…
USD to NGN Black Market & CBN Rates…
Black Market (Parallel Market) Rate What is the current dollar to naira exchange rate at the black market (Aboki FX)? Below is the rate for Tuesday, 9th December 2025, as provided by Bureau De Change…
Lawmakers Warn of Rising Risks From Neglected Oil…
Nigeria’s efforts to reform its oil and gas sector are receiving mixed reactions, with industry analysts praising sweeping changes under the Petroleum Industry Act (PIA), while some lawmakers warn that ageing infrastructure and enforcement gaps…
Higher Pump Prices: Nigerians Favor NNPCL Over Dangote…
Many Nigerians are reportedly avoiding Premium Motor Spirit (PMS) supplied by the Dangote Refinery at several filling stations due to higher pump prices. According to Daily Post, this has led to a noticeable decline in…
Paramount Challenges Netflix’s $72 Billion Warner Bros Discovery…
Paramount Pictures has taken a hostile stance in its bid to acquire Warner Bros Discovery, directly challenging Netflix’s recently announced $72 billion takeover agreement. On Monday, Paramount revealed that it is making a direct appeal…