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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…
In a violent confrontation on Sunday night, a member of the Civilian Joint Task Force (CJTF) was killed during a terrorist attack targeting a police post at the Dangote Cement Factory in Obajana, Kogi State.…
In a major step toward improving safety and traffic management, the Federal Government has unveiled a ₦40 billion closed-circuit television (CCTV) control centre on Lagos’ iconic Third Mainland Bridge. The facility is designed to monitor…
The Lagos parallel market, commonly referred to as Aboki FX, remains a key reference point for Nigerians looking to exchange dollars outside official channels. On Sunday, January 11, 2026, the black market rate for the…
The U.S. dollar continues to maintain a strong presence in Nigeria’s black market, with slight fluctuations observed in major cities. Traders in Lagos report that the dollar is being sold at ₦1485 and purchased at…
For Nigerians seeking updates on foreign exchange, the Dollar to Naira rate in both the black market and official channels remains a key point of interest. Black Market (Aboki FX) Rates As of Friday, January…
The Centre for Energy Governance and Public Finance Accountability has dismissed claims by the African Democratic Congress (ADC) that President Bola Ahmed Tinubu acted unconstitutionally in approving the reconciliation of long-standing legacy balances of the…
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 Nigerian foreign exchange market recorded another shift in the value of the naira against the United States dollar as activity continued across the parallel currency market. Currency traders operating within the informal segment of…