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…
USD to NGN Rates — Black Market and…
The value of the United States Dollar (USD) against the Nigerian Naira (NGN) continues to attract strong public attention as individuals and businesses closely monitor foreign exchange trends across Nigeria. According to Gossip News Now,…
Nigeria Named AFRIPERF Headquarters, Komolafe Elected Chairman
Nigeria has secured a major position within Africa’s petroleum regulatory landscape after being chosen as the permanent headquarters of the African Petroleum Regulators Forum (AFRIPERF). Alongside this development, Gbenga Komolafe, Chief Executive of the Nigerian…
Nigeria’s Petrol Imports Hit ₦12.8 Trillion Amid Dangote…
Nigeria’s reliance on imported petrol remains substantial despite efforts to strengthen local refining capacity, with new data revealing that the country spent about ₦12.8 trillion on Premium Motor Spirit (PMS) imports between August 2024 and…
Black Market & CBN Dollar to Naira Rates…
Nigeria’s foreign exchange market continues to draw public attention as traders and businesses closely monitor the daily movement of the dollar to naira exchange rate. On December 5, 2025, the gap between the official exchange…
Policy Experts Applaud NUPRC as Revenue Hits ₦8.79…
Several policy experts and energy analysts have praised the performance of the Nigerian Upstream Petroleum Regulatory Commission after new figures showed that the commission generated trillions of naira in revenue for the national treasury within…
Today’s Dollar to Naira Rates (CBN & Black…
Foreign exchange rates between the United States Dollar and the Nigerian Naira continue to attract attention as businesses and individuals monitor daily movements in Nigeria’s currency market. As of early December 2025, traders in the…
NUPRC Transfers ₦8.79 Trillion to Federation Account in…
Nigeria’s oil sector regulator, the Nigerian Upstream Petroleum Regulatory Commission, has transferred approximately ₦8.79 trillion to the country’s Federation Account Allocation Committee within the first ten months of 2025. The funds, shared among federal, state,…
USD to NGN Exchange Rate Update for December…
The value of the Nigerian currency against the United States dollar continues to attract public attention as traders and businesses monitor movements across both official and informal foreign exchange markets. The exchange rate between the…