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![Today's Naira Rate [06-02-2025]: Naira Strengthens to N1,585/$1 in Black Market, Official Rate Declines](/data/attachments/213/213180-debe80245df63b887c2f9633a469b0c8.jpg?hash=bRaHhFf4n0)
Nigeria
Today's Naira Rate [06-02-2025]: Naira Strengthens to N1,585/$1 in Black Market, Official Rate Declines
The Nigerian naira strengthened in the parallel market, appreciating to N1,585/$1, while it slightly depreciated to N1,499.76/$1 at the official...
UAC of Nigeria Plc reported a 109% surge in profit before tax to N25.8 billion for 2024, driven by strong growth in key sectors. Revenue increased...
The Nigeria Customs Service (NCS) has introduced a 4% levy on the Free-on-Board (FOB) value of imports, in line with the Nigeria Customs Service...
The Nigerian government has approved an increase in the 2025 budget from N49.7 trillion to N54.2 trillion, citing enhanced revenue streams through...
President Bola Tinubu has approved an increase in the retirement age for doctors and healthcare workers in Nigeria from 60 to 65 years. The...
The Federal Government has launched toll operations on the Abuja–Makurdi road to repay a $460.8 million loan. Tolls range from N500 to N1,600...
Oil marketers are dropping their affiliations with the Nigerian National Petroleum Company Limited (NNPCL) due to fierce competition with Dangote...
The Nigerian government has banned the export of crude oil allocated for domestic refineries, citing illegal exports and concerns over energy...
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