inflation

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Dollar to Naira exchange rate today

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 […]

Naira hits 27-week high, rises to N1,495/$ in official market

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

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 […]

Naira down to N1,565/$ in parallel market

Naira down to N1,565/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,565 per dollar in the parallel market from N1,555 per dollar on Monday. But the naira appreciated to N1,533.5 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 […]

Vanguard Detty December