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CBN Governor Olayemi Cardoso explained the rationale for floating the Naira to align official rates with market realities. He highlighted the need...
![Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist](/data/attachments/208/208942-40f177f6e3caf61ab226cc86d490ccfd.jpg?hash=FXjrHIaYd4)
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Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist
As of October 6, 2024, the black market exchange rate for the US dollar against the Nigerian naira has reached N1,674. This stark difference from...
Nigeria officially commenced the sale of crude oil and refined petroleum products in naira on October 1, 2024. This strategic move by the federal...
Nigeria's government has exempted 63 items from Value-Added Tax (VAT) under the 2024 fiscal reforms, including electric vehicles, gas processing...
The death toll from the Niger State boat accident has risen to 42 after a boat carrying over 300 passengers capsized in Mokwa. Rescue operations...
Super Eagles duo Ahmed Musa and Shehu Abdullahi trained with Kano Pillars ahead of their NPFL Matchday 5 clash against Sunshine Stars. The ex-Kano...
The Nigerian government has secured a $200 million loan from Afreximbank to boost its creative industries. This initiative, part of the...
The Nigerian government has removed VAT on cooking gas, diesel, and CNG to revitalize the oil and gas sector. Finance Minister Wale Edun announced...