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–Dollar Update: Parallel Market and Official Rates as…
For those tracking the value of the naira against the U.S. dollar, here is a clear snapshot of the latest figures from the parallel market, often called the black market or Aboki FX. Reports gathered…
Naira Slides as Parallel Market Sets New Dollar…
Nigeria’s foreign exchange space continues to show a gap between official and street trading figures, with fresh updates highlighting the latest dollar-to-naira values across markets. In the Lagos parallel market—commonly called the black market or…
Updated Dollar–Naira Exchange Update for Thursday, February 6,…
The value of the Nigerian naira against the United States dollar continues to attract strong attention, especially within the unofficial foreign exchange space commonly referred to as the black or parallel market, also known as…
Updated Cost of Cooking Gas Refills in Nigeria
Nigerian households have received some relief as the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has dropped in many parts of the country. The reduction comes at a time when families…
Cement Prices Rise Again Across Nigeria This Week
Cement buyers across Nigeria are once more adjusting to higher prices, as the cost of a standard 50kg bag has increased in many markets nationwide. The latest market checks show that a bag which sold…
Dangote Refinery Counters Claims of Importing Finished Fuel…
Dangote Petroleum Refinery and Petrochemicals (DPRP) has rejected circulating claims suggesting that it brings in finished petrol and diesel from abroad, insisting that such reports are based on a poor understanding of how large-scale refineries…
Dollar Trades Against Naira Today: Black Market &…
The exchange rate between the United States Dollar and the Nigerian Naira continues to attract attention, especially within the unofficial foreign exchange market commonly referred to as the black market or Aboki FX. Current Black…
Updated Dollar To Naira Black Market And CBN…
The value of the United States dollar against the Nigerian naira continues to attract attention, especially within the parallel market, widely known as Aboki FX. Many Nigerians rely on this market to exchange foreign currency,…