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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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NNPC and TotalEnergies seal a $550m deal for Nigeria's Ubeta gas project, set to enhance gas production and boost LNG exports. Stakeholders anticipate economic growth and job creation.
The Nigerian National Petroleum Company (NNPC) Limited has reached a significant milestone with TotalEnergies...
The National Bureau of Statistics reports a staggering 63.85% year-on-year increase in the price of a 12.5kg cooking gas cylinder, raising concerns over affordability and cost of living for Nigerian households.
The affordability of a basic household necessity in Nigeria has taken a severe hit...
Nigeria faces economic turmoil as petrol prices surge by 223% to ₦770 per litre in May 2024, up from ₦238.11 a year ago. The National Bureau of Statistics reports a 9.75% increase month-on-month. Disparities show Jigawa highest at ₦937.50 and Lagos lowest at ₦636.80. Businesses and consumers...
![Today's Naira Rate[19-06-2014]: Naira Trades Flat at N1,490 per Dollar, Inflows Boost Confidence](/data/attachments/205/205244-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria
Today's Naira Rate[19-06-2014]: Naira Trades Flat at N1,490 per Dollar, Inflows Boost Confidence
Discover the latest on Nigeria's currency exchange rate as the naira holds steady at N1,490 per dollar on the parallel market, showing a marginal gain.
On Wednesday, the Nigerian naira remained stable at N1,490 per dollar on the parallel market, showing a slight improvement from last week's...
Dangote Refinery begins exports of low-sulfur fuel oil to Singapore, marking its Asian market entry. The refinery, Africa’s largest, plans to eliminate Nigeria’s petrol imports by mid-July, reinforcing its pivotal role in the global energy trade.
The Dangote Refinery in Nigeria is set to export...
![Today's Naira Rate[17-06-2014]: CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500](/data/attachments/205/205183-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria
Today's Naira Rate[17-06-2014]: CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500
Explore Nigeria's economic landscape: the naira holds steady at N1500 against the dollar amid high inflation, while the CBN implements measures to stabilize the FX market. A $2.25 billion World Bank loan aims to bolster economic resilience, impacting currency dynamics in the global market...
Multichoice Nigeria appeals a Competition and Consumer Protection Tribunal ruling imposing a N150 million fine and mandating a free monthly subscription. The tribunal's decision follows Multichoice's objection to jurisdiction.
Multichoice Nigeria has appealed the Competition and Consumer...
![Today's Naira Rate[13-06-2014]: Naira Pressure Continues as Dollar Exchange Rate Hits ₦1490 in Parallel Market](/data/attachments/205/205152-147ab142f8cf48479284e57b3d23fc38.jpg?hash=FHqxQvjPSE)
Nigeria
Today's Naira Rate[13-06-2014]: Naira Pressure Continues as Dollar Exchange Rate Hits ₦1490 in Parallel Market
Find out the latest Dollar to Naira exchange rates in the black market (Aboki fx) for June 16th, 2024. Dollar to Naira exchange rates at Lagos Parallel Market show buying at ₦1485 and selling at ₦1490. Stay informed about the discrepancies between the black market and official CBN rates.
The...
Multichoice has adjusted subscription rates for DStv and GOtv in Nigeria following a court order halting planned price hikes. The new prices reflect significant reductions across various packages, aiming to retain subscribers and comply with regulatory mandates. This decision comes amid a...
Multichoice is relying on its sports betting division Kingmakers for growth as DSTV pay-TV subscribers decline, with Kingmakers seeing a 37% user increase and 26% revenue growth in Nigeria.
Multichoice, the pay-TV operator, is increasingly turning to its sports betting division, Kingmakers, for...
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