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Nigeria's insurance industry is entering a new phase under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, with stronger regulatory standards, higher capitalisation requirements and greater emphasis on protecting policyholders. The reforms have received support…
Nigeria’s foreign exchange market remained in focus on Wednesday, September 30, 2026, as the naira was quoted at ₦1,329.1600 to the US dollar at the official market, according to data attributed to the Central Bank…
Nigeria has taken a major step toward modernising its passport system with the launch of a new centralised production facility in Abuja, aimed at eliminating delays and improving service delivery for citizens. The project, unveiled…
For many Nigerians tracking daily foreign exchange movements, the parallel market remains a key reference point for understanding the value of the naira against the U.S. dollar. Here’s a fresh update on how the currency…
The cost of cement in Nigeria continues to attract attention as construction expenses remain on the rise. Builders, developers, and homeowners are closely monitoring price changes as they plan ongoing and future projects. Current Market…
The cost of refilling cooking gas in Nigeria continues to fluctuate, leaving many households and small businesses closely monitoring daily price changes. Liquefied Petroleum Gas (LPG), a key energy source for cooking, is now priced…
The exchange rate between the U.S. dollar and the Nigerian naira continues to be a key focus for individuals and businesses navigating Nigeria’s forex market. The parallel market, often referred to as the black market…
The exchange rate between the U.S. dollar and the Nigerian naira remains a major point of interest for traders, businesses, and individuals navigating the country’s forex market. The parallel market, widely known as Aboki FX,…
The value of the naira against the U.S. dollar continues to shift across Nigeria’s foreign exchange markets, with many individuals turning to the parallel market—commonly known as Aboki FX—for real-time pricing. Current Black Market Rates…
In a fresh move to tackle unemployment among young Nigerians, the Federal Government of Nigeria has introduced a ₦75 million innovation programme designed to support creative talents and transform ideas into viable enterprises. According to…