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.…
Black Market Dollar to Naira Rate – January…
Foreign exchange demand continues to shape Nigeria’s informal currency market, with many individuals turning to the parallel market—popularly called Aboki FX—to obtain United States dollars amid fluctuating supply within official banking channels. The latest trading…
Updated Black Market Dollar to Naira Exchange Rate…
Nigeria’s foreign exchange market continues to attract public attention as individuals and businesses closely monitor movements of the naira against the United States dollar. Activity within the informal currency segment—commonly known as the parallel market—remains…
SEC Announces Hike in Capital Requirements for Market…
Nigeria’s capital market regulator has introduced sweeping reforms aimed at strengthening financial institutions operating within the investment ecosystem. The Securities and Exchange Commission (SEC) announced a major upward review of minimum capital requirements for capital…
Latest USD to NGN Rates (Black Market &…
The value of the naira against the U.S. dollar continues to attract strong public interest, particularly among traders, importers, and travelers monitoring daily currency swings. As of mid-January, activity in both the parallel market and…
‘New NUPRC Boss Poised to Boost Investment and…
Optimism is building within policy circles following the emergence of Oritsemeyiwa Eyesan as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Centre for Energy Reforms (CER) has described her appointment as a…
Experts Urge Stronger Agency Cooperation as FG Suspends…
Nigeria’s ongoing tax reform drive has entered a delicate phase, with experts urging stronger collaboration among public institutions even as the Federal Government temporarily suspends the release of implementation guidelines for newly enacted tax laws.…
Current USD to NGN Black Market Exchange Rate…
The naira continues to trade at a noticeable gap between Nigeria’s informal and official foreign exchange windows. As of January 15, 2026, activity in the parallel market — commonly known as Aboki FX — reflects…
Nigeria Set for Fastest Economic Growth in Over…
Nigeria’s economy could soon record its strongest expansion in more than ten years, according to fresh projections from the World Bank. In its January 2026 Global Economic Prospects report, the institution forecast a 4.4 percent…