The Business News section on Gossip News Now Online delivers the latest updates on foreign and Naija News on markets, finance, entrepreneurship, and the economy. From breaking stock market news and corporate deals to small business tips and startup trends, we keep you informed about the opportunities and challenges shaping Nigeria’s business landscape and the global economy.
Foreign exchange activity across Nigeria’s informal currency market recorded notable movements on Thursday, reflecting continued pressure on the naira against the United States dollar. In Lagos’ parallel market, commonly referred to as the black market,…
The Nigerian currency continues to trade at a weaker level against the United States dollar in the informal foreign exchange segment commonly referred to as the parallel market. Market checks from Lagos-based currency traders indicate…
The Centre for Energy Governance and Public Finance Accountability has dismissed allegations by the African Democratic Congress (ADC) that President Bola Ahmed Tinubu acted unconstitutionally by approving the reconciliation and removal of the Nigerian National…
For those monitoring foreign exchange trends in Nigeria, the Dollar to Naira rate on the black market—often called the parallel market or Aboki FX—continues to show significant variations from official Central Bank of Nigeria (CBN)…
The Dollar-to-Naira rate on Nigeria’s parallel market, also known as the Aboki FX or black market, has seen minor fluctuations. For traders operating outside formal banking channels, the U.S. dollar is currently being sold at…
The US dollar continues to trade at a noticeable premium in Nigeria’s black market, widely referred to as the parallel market or Aboki FX. Currency dealers across Lagos report that on Tuesday, January 6, 2025,…
The Nigerian Exchange Limited (NGX) witnessed concentrated brokerage activity in the final quarter of 2025, with Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd firmly maintaining their positions as market leaders. According to the…
For those tracking the US dollar against the naira, black market rates—commonly referred to as the parallel market or Aboki FX—continue to show significant divergence from official figures. Traders operating across Lagos Bureau De Change…
Nigerians are keeping a close eye on the value of the US Dollar against the Naira, particularly in the unofficial foreign exchange market, often referred to as the black market or Aboki FX. Recent data…
The Central Bank of Nigeria (CBN) has projected a notable reduction in the country’s inflation rate for 2026, forecasting it to decline to 12.94 percent. This expected moderation is attributed to easing prices in both…