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The ongoing conversation surrounding Nigeria’s fuel supply strategy has taken a new turn, with industry stakeholders strongly opposing recent suggestions encouraging the importation of petrol. The development has sparked intense reactions across the energy sector,…
The value of the Nigerian Naira against the United States Dollar continues to draw attention, especially within the informal currency market commonly referred to as the parallel market. Many Nigerians rely on this segment to…
Nigeria’s Senate has approved a revision to the crude oil benchmark used for the country’s 2026 fiscal projections, lowering the estimated price from $64.80 to $60 per barrel as part of the federal government’s medium-term…
Foreign exchange activity in Nigeria continues to draw attention as businesses and individuals monitor the daily movement of the naira against the United States dollar. The currency market remains divided between the official banking system…
Nigeria’s oil sector once again proved central to the nation’s international trade performance after new figures showed that crude exports generated ₦12.81 trillion in the third quarter of 2025. Statistics released by the National Bureau…
Nigeria’s foreign exchange market continues to experience fluctuations as the naira trades at different levels across the official and parallel segments. Currency dealers and financial observers remain closely attentive to movements in the exchange rate…
Nigeria’s technology sector has been steadily expanding, gradually reshaping the country’s economic landscape. Recent figures from the National Bureau of Statistics (NBS) indicate that the digital economy accounted for about 11.8 percent of Nigeria’s real…
Foreign exchange rates continue to draw attention across Nigeria as many individuals and businesses closely monitor the value of the naira against the U.S. dollar. On December 15, 2025, the parallel market—commonly called the black…
Foreign exchange movements remain a major concern for businesses, traders, and individuals across Nigeria, particularly as the naira continues to fluctuate against the U.S. dollar. Many Nigerians track both the official banking rates and the…
Recent market observations suggest that cement prices across Nigeria have entered a period of relative calm, with major manufacturers offering their products within a closely aligned price range. Traders and distributors across several cities report…