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Today's Naira Rate [12-02-2025]: Naira Falls to N1,570/$1 as Forex Shortage Persists
Nigeria Today's Naira Rate [12-02-2025]: Naira Falls to N1,570/$1 as Forex Shortage Persists
Nigeria News
2 min read
The naira depreciated further, trading at N1,570/$1 in the parallel market amid rising forex demand and limited supply. It also weakened against...
Dangote Refinery Cuts Diesel Prices Again, Now N1,020 Per Litre
Nigeria Dangote Refinery Cuts Diesel Prices Again, Now N1,020 Per Litre
Nigeria News
2 min read
Dangote Refinery has reduced diesel prices from N1,075 to N1,020 per litre, marking another price cut since January. Experts commend its impact on...
Government Rethinks 4% FOB Levy as Customs Announces Suspension
Nigeria Government Rethinks 4% FOB Levy as Customs Announces Suspension
Nigeria News
1 min read
The Nigeria Customs Service (NCS) has suspended the 4% free-on-board (FOB) levy on imports to allow for stakeholder consultations. The decision...
No More Free ATM Withdrawals: CBN Introduces New Charges on Other Banks’ ATMs
Nigeria No More Free ATM Withdrawals: CBN Introduces New Charges on Other Banks’ ATMs
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has scrapped the three free monthly ATM withdrawals for customers using other banks’ ATMs. Effective March 1...
Nigeria Ranked 36th Most Corrupt Country in 2024 – Report
Nigeria Nigeria Ranked 36th Most Corrupt Country in 2024 – Report
Nigeria News
2 min read
Nigeria ranks 36th in Transparency International’s 2024 Corruption Perceptions Index, scoring 26 points alongside Uganda, Mexico, and Iraq...
Today's Naira Rate [11-02-2025]: Naira Nears N1,500/$ as Black Market Rates Improve
Nigeria Today's Naira Rate [11-02-2025]: Naira Nears N1,500/$ as Black Market Rates Improve
Nigeria News
2 min read
The naira surged to its highest level in 2025, trading at N1,520/$ in the black market amid CBN’s forex reforms. Increased liquidity, regulatory...
MRS Reduces Petrol Price to ₦925/Litre After Dangote Refinery’s Cut
Nigeria MRS Reduces Petrol Price to ₦925/Litre After Dangote Refinery’s Cut
Nigeria News
1 min read
MRS Oil Nigeria Plc has reduced petrol prices by ₦10, now selling at ₦925 per litre in Lagos. The price cut follows Dangote Refinery’s ex-depot...
Nigerians React as MTN Raises 15GB Data Price from ₦2,000 to ₦6,000
Nigeria Nigerians React as MTN Raises 15GB Data Price from ₦2,000 to ₦6,000
Nigeria News
2 min read
MTN Nigeria has increased the price of its 15GB data plan from ₦2,000 to ₦6,000, sparking outrage among customers. Many users are considering...
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