United Bank for Africa Plc (UBA) has reportedly secured interim preservative orders from a Lagos State High Court in a $242 million petroleum-products dispute involving Swiss-based energy trading company Vitol SA and four shipping companies.…
Senate Lowers 2026 Oil Benchmark to $60, Approves…
Nigeria’s Senate has approved a revision to the crude oil benchmark used for the country’s 2026 fiscal projections, lowering the estimated price from $64.80 to $60 per barrel as part of the federal government’s medium-term…
Today’s Dollar to Naira Rates – Wednesday, 17th…
Foreign exchange activity in Nigeria continues to draw attention as businesses and individuals monitor the daily movement of the naira against the United States dollar. The currency market remains divided between the official banking system…
Oil Drives Nigeria’s Exports As Crude Earnings Hit…
Nigeria’s oil sector once again proved central to the nation’s international trade performance after new figures showed that crude exports generated ₦12.81 trillion in the third quarter of 2025. Statistics released by the National Bureau…
Current Dollar to Naira Exchange Rates: December 16th,…
Nigeria’s foreign exchange market continues to experience fluctuations as the naira trades at different levels across the official and parallel segments. Currency dealers and financial observers remain closely attentive to movements in the exchange rate…
The Subtle Tech Boom Transforming How Young Nigerians…
Nigeria’s technology sector has been steadily expanding, gradually reshaping the country’s economic landscape. Recent figures from the National Bureau of Statistics (NBS) indicate that the digital economy accounted for about 11.8 percent of Nigeria’s real…
Today’s Dollar to Naira Exchange Rates – December…
Foreign exchange rates continue to draw attention across Nigeria as many individuals and businesses closely monitor the value of the naira against the U.S. dollar. On December 15, 2025, the parallel market—commonly called the black…
Current Dollar to Naira Exchange Rates: Black Market…
Foreign exchange movements remain a major concern for businesses, traders, and individuals across Nigeria, particularly as the naira continues to fluctuate against the U.S. dollar. Many Nigerians track both the official banking rates and the…
Cement Prices Update: Cost of Dangote, BUA, and…
Recent market observations suggest that cement prices across Nigeria have entered a period of relative calm, with major manufacturers offering their products within a closely aligned price range. Traders and distributors across several cities report…