News Update THE Dangote Petroleum Refinery has reduced the price of petrol once more, setting it at N835 per litre. This is a drop from the previous N865 per litre. The new rate came...
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3 Minutes
Inside Nigeria: Why Residents are yet to enjoy fuel price drop
THE Independent Petroleum Marketers Association of Nigeria has explained that the eventual renewal of the naira-for-crude deal between the Nigerian government, the Dangote Refinery and other refiners could not crash the price of Premium...
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1 Minute
Trump’s Tariff Pause: Naira Breaks Record Against Dollar
The naira recorded its highest appreciation against the dollar at the official foreign exchange market on Thursday after United States of America President, Donald Trump paused tariff increase. Data from the Nigerian Exchange Marker,...
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1 Minute
Naira to Dollar, other foreign currencies rate Thursday
News Update THE Nigerian Naira (NGN) to US dollar (USD) and other foreign currencies exchange rate in the parallel market, also known as black market, as of Thursday 10th April 2025, is N1,610 for...
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4 Minutes
Crude Clash: NNPC Suspension Hits Dangote Refinery, Drags Down OPEC Output
The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March. A...
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1 Minute
Naira to dollar rates drop in official market
News Update THE Naira saw a dip in value on Monday, falling to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). According to the Central Bank of Nigeria (CBN), the official exchange...
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1 Minute
US pushes beer, can imports to 25% aluminum tariffs
THE administration of US President Donald Trump on Wednesday announced that it was imposing a 25 per cent tariff on all beer imports. The administration added the beverage and empty aluminium cans to a...
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2 Minutes
NNPC increases price of petroleum
News Update THE Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, marking a significant increase from previous...
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1 Minute
Has CBN introduced N5,000 And N10,000 notes featuring Chief Obafemi Awolowo, Azikwe’s image?
News Update The Central Bank of Nigeria (CBN) on Wednesday, April 2, 2025 has debunked a fake circular introducing new N5,000 and N10,000 notes effective May 1, 2025, Voice Air Media reported. In the...
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Naira to Dollar, other currencies rate, Friday
News Update Here is the USD, Other foreign currencies to Naira exchange rate for Friday, March 28, 2025. Black Market Dollar to Naira Exchange Rate: The parallel market (black market) offers a different exchange...
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