Nigeria’s current account surplus rises 46% to $4.98bn
The Central Bank of Nigeria (CBN) has said the country’s current account surplus rose by 46 percent year-on-year to $4.98 billion in the first quarter of 2026 (Q1’26).
Naira appreciates to N1,475/$ 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.
Forex today: Uncertainty lingers as US government shutdown drags on
The USD Index slipped modestly, marking its fifth daily decline, as traders scaled back bets on the dollar amid rising political risk.
Dollar to Naira exchange rate today, October 2, 2025
The official NFEM rate showed the naira trading around ₦1,483 to the dollar on Thursday.
How to become funded trader in Nigeria – step-by-step guide
Becoming a funded trader in Nigeria requires skill, consistency, and choosing a trusted prop firm. Start small, control your risk, be disciplined
Dollar to Naira exchange rate today
The Naira continues to trade under pressure against the United States Dollar, British Pound, and Euro. For individuals and businesses alike, keeping an eye on the daily exchange rate has become essential, especially as differences remain between the Central Bank of Nigeria (CBN) official rate and what is obtainable in the parallel market. How Much […]
Cartoon: Common man boxed in
Is common man inside the box? Or common man boxed in?
Naira hits 27-week high, rises to N1,495/$ in official market
By Elizabeth Adegbesan The Naira appreciated to N1,495 per dollar in the Nigerian Foreign Exchange Market (NFEM), the highest level in 27 weeks since February this year. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,495 per dollar from N1,503.5 per dollar last week […]
Just In: Industry sector activities declined in August – CBN
As economic activities expand 9th consecutive month By Elizabeth Adegbesan Activities in the industrial sector declined at 49.1 index points in August 2025 following a decline in 10 of its subsectors among 17 surveyed. The Central Bank of Nigeria, CBN, disclosed this today in its Purchasing Managers Index Report for August 2025. “The Industry Sector […]
Cartoon: ‘Mr., common say cheese, change is coming’
Cartoon: ‘Mr. Common say cheese, change is coming’
