Billionaire businessman and investor, Femi Otedola, has explained how the Dangote Petroleum Refinery’s attainment of its full production capacity could significantly strengthen the Nigerian naira, projecting...
The Nigerian Naira recorded a slight gain in the parallel market on Friday, trading at N1,463 per US dollar, up from N1,465 per dollar recorded on...
The Federal Executive Council has approved the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper, outlining a N54.43 trillion spending plan for the 2026 fiscal year....
The naira’s performance against the dollar has shown typical seasonal patterns, with December seeing increased demand for the naira due to returning expatriates and holiday activities....
Over the past three months, the estimated cost to land petrol in Nigeria has fallen by 20.34%, reaching N971.57 per litre, offering slight relief in terms...
The Naira’s value dropped further, hitting N1,482.57 per dollar in the official foreign exchange market, almost aligning with the parallel market rate of N1,470 per dollar...
Airfares on Nigerian flights to a variety of locations in Europe, North America, the Middle East, and other foreign cities have surged as the exchange...
Thursday’s rate for the naira at the Investors and Exporters window was N464.67 to the dollar. The value of the local currency remained unchanged...
The Nigerian Naira showed a slight appreciation against the US dollar on Tuesday. At the Investors’ and Exporters’ window, the Naira was exchanged at...
On Monday, Naira experienced a decline in value compared to the United States Dollar, with an exchange rate of N463.50 at the Investors and Exporters...