Economy
See list: China, India lead as Nigeria’s major trading partners Q4, 2024
China and India have emerged as Nigeria’s largest sources of imports in 2024.
According to the latest trade report from the National Bureau of Statistics (NBS), China remains Nigeria’s top import partner, while India follows.
The bulk of these imports include electronics, machinery, textiles, and industrial equipment, which are crucial to Nigeria’s manufacturing and technology sectors.
India’s contributions are particularly significant in pharmaceuticals, industrial raw materials, and processed food products.
A breakdown of Q4 2024 trade data highlights China’s continued dominance in Nigeria’s import market.
The top five sources of imports for the fourth quarter were:
China – N4.61 trillion (27.80% of total imports)
India – N1.90 trillion (11.43%)
Belgium – N1.39 trillion (8.35%)
United States – N1.06 trillion (6.36%)
France – N601.28 billion (3.62%)
Economy
See Dollar To Naira Exchange Rate Today, December 5th, 2025
Dollar to naira exchange rate today
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for 4th December, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1475 and buy at ₦1465 on thursday 4th December, 2025, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1475
Buying Rate ₦1465
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1450
Lowest Rate ₦1446
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Economy
NNPCL Cuts Petrol Price Again As Market Competition Intensifies
The Nigerian National Petroleum Company Limited (NNPCL) has again brought down the pump price of Premium Motor Spirit (PMS), commonly known as petrol. This is the second time in less than one week that the price has been reduced.
On Thursday, December 4, 2025, the company lowered the price by ₦10 per liter. With this change, petrol now sells for ₦920 instead of ₦930 at NNPCL filling stations in Abuja, including stations in Gwarimpa, along Kubwa Expressway, and in Wuse Zone 4.
This comes shortly after another reduction on November 28, 2025, when NNPCL cut the price by ₦15 per liter. These back-to-back adjustments show a steady drop in fuel prices at NNPCL outlets.
The main reason for these reductions is the growing competition in the deregulated downstream oil market. NNPCL and the Dangote Petroleum Refinery are currently the biggest rivals in this space, and their competition is pushing prices down.
Chinedu Ukadike, spokesperson for the Independent Petroleum Marketers Association of Nigeria (IPMAN), explained that fuel prices are likely to keep falling, saying the reductions will continue because of the strong competition.
Economy
See Black Market Dollar To Naira Exchange Rate Today 3rd December 2025
The Black Market Dollar to Naira Exchange Rate for 3rd December, 2025, Can Be Accessed Below.
NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand. This means…you can buy or sell 1 dollar at a certain rate, and the price can change (high or low) within hours.
The official naira black market exchange rate in Nigeria today, including the Black Market rates, Bureau De Change (BDC), and CBN rates.
Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.
What’s the dollar to naira black market today, 3rd December 2025?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1473 and buy at ₦1465 on Wednesday 3rd December, 2025, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1473
Buying Rate ₦1465
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1450
Lowest Rate ₦1443
-
News20 hours agoFinally Rivers Speaker, 15 Other Assembly Members Dump PDP , join APC
-
Opinion19 hours agoREFLECTIONS ON BPP’S ROLE IN TINUBU’S RENEWED HOPE AGENDA
-
News17 hours agoPHOTOS: FCT Minister, Wike, inspects ongoing construction of Interchange Bridge, Road linking Maitama, Gishiri, Jahi with Gwarinpa today
-
News21 hours agoVideo:Wike to inspect ongoing construction at bridge to link Gwarimpa, Jahi direct to Katampe Girishi and Maitama today
-
Economy16 hours agoSee Dollar To Naira Exchange Rate Today, December 5th, 2025
-
News15 hours agoVIDEO: Wike reacts over defected Rivers lawmakers, says they’re free to decide on their own
-
News19 hours ago“Why I dumped PDP for APC “- Rivers Speaker, Amaewhule
-
News16 hours agoEkiti PDP Primary: Court adjourns suit against Oluyede’s victory to Dec 8

You must be logged in to post a comment Login