ADVERTISEMENT ADVERTISEMENT The black market exchange rate for the dollar to naira, also known as the parallel market (Aboki fx), is updated today. As of October...
ADVERTISEMENT ADVERTISEMENT The President and Chief Executive of Dangote Industries Limited, Alhaji Aliko Dangote, says his refinery has the capacity to surpass the daily fuel needs...
ADVERTISEMENT ADVERTISEMENT The naira has crashed massively against the dollar at the foreign exchange market on Monday. FMDQ Data showed that the naira dropped to N1670.65...
ADVERTISEMENT ADVERTISEMENT About 42.3 million litres of imported Premium Motor Spirit (PMS), commonly known as petrol, is set to arrive in Nigeria, according to oil marketers...
ADVERTISEMENT ADVERTISEMENT The Nigerian naira experienced a mixed performance on October 25, 2024, with a slight depreciation in the parallel market and a notable gain in...
ADVERTISEMENT ADVERTISEMENT Elon Musk’s Starlink has announced the suspension of its monthly service tariff hike for Nigerian users weeks after regulatory sanction by the Nigerian Communications...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria (CBN) has dispelled claims suggesting that the old series of the N200, N500, and N1,000 banknotes shall cease to...
ADVERTISEMENT ADVERTISEMENT The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note...
ADVERTISEMENT ADVERTISEMENT The Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited under the naira-for-crude sale agreement, officials...
ADVERTISEMENT ADVERTISEMENT The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast to 2.9% for 2024, citing several challenges, including insecurity in oil-producing regions, the...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria (CBN) has once again extended the suspension of processing fees on cash deposits above N500,000 for individuals and N3,000,000...
ADVERTISEMENT ADVERTISEMENT FBN Holdings Plc has officially announced the appointment of Adebowale (Wale) Oyedeji as the new Group Managing Director (GMD), effective November 13, 2024. This...
ADVERTISEMENT ADVERTISEMENT The Executive Board of the International Monetary Fund (IMF) has completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities and Financing, the...
ADVERTISEMENT ADVERTISEMENT The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said weak naira presents an opportunity for the country to boost its...
ADVERTISEMENT ADVERTISEMENT By Mario Deepromoter WHEN we look at this month, USD was traded at ₦1690 at the beginning of this October on Tuesday, October 1,...
ADVERTISEMENT ADVERTISEMENT The Nigerian naira has tumbled to an unprecedented low, trading at N1,700 per dollar in the parallel market on October 14, 2024. This marks...
ADVERTISEMENT ADVERTISEMENT The Federal Government says it has adopted 88 international standards for Compressed Natural Gas products to bolster the ongoing rollout of various CNG initiatives...
ADVERTISEMENT ADVERTISEMENT The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian...
ADVERTISEMENT ADVERTISEMENT By Mario Deepromoter The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria (CBN) has reassured the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial...
