Corruption, Customs racketeering, govt infighting frustrating trade with Nigeria — US Report
The report however acknowledged positive steps by the Central Bank of Nigeria, CBN, under President Bola Tinubu's reforms
Naira appreciates to N1,470/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,470 per dollar in the parallel market from N1,475 per dollar last weekend. However, the naira depreciated to N1,447 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to […]
Economy: Experts disagree with FG on performance
A multiple shade of informed analysis of the outcomes so far recorded in the two and half years economic reform measures of the Federal Government, FG, seem to have largely contradicted the government’s assessment of the performance.
Banks must back innovation, not just big corporates — Wale Edun
Edun commended the Central Bank of Nigeria (CBN) for maintaining monetary discipline under its current leadership.
Naira appreciates to N1,475/$ in parallel market
The Naira today appreciated to N1,475 per dollar in the parallel market from N1,489 per dollar on Thursday.
(Black Market) Dollar to Naira exchange rate today, October 31 2025
In Nigeria’s informal or “black”/parallel market, the US dollar is being quoted at approximately ₦1,490 (sell) and ₦1,479 (buy) for ₦1 = US$1 as of Friday, October 31, 2025
Inflation rate slows, first time in 3 yrs, to 18.02%
•Inflation easing should be consolidated through decisive, well-targeted policy action —CPPE •At 18.02%, inflation rate is still far from the CBN long-run target of 9%—Prof. Uwaleke By Peter Egwuatu, Assistant Business Editor & Elizabeth Adegbesan Nigeria’s inflation rate eased by 2.1 percentage point to 18.02 percent in September 2025 from 20.12 percent in August 2025. This is […]
Dollar to Naira exchange rate today, October 11, 2025
The naira firmed modestly in the official Nigerian Foreign Exchange Market (NFEM) as dollar liquidity improved.
Cartoon: ‘Sir, where you dey drive go?’
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Naira rises to N1,480/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,480 per dollar in the parallel market from N1,490 per dollar last weekend. Likewise, the Naira appreciated to N1,464 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to […]
Dollar to Naira exchange rate today, October 3, 2025
Market participants said the official market’s firmness reflects improved FX liquidity and continued foreign-exchange inflows in recent weeks.
