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naira exchange rate

FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.

Naira Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.

Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.

Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...

Latest articles

FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.

Waltersmith doubles refining capacity to 10,000 bpd

Abdulrazaq Isa's Waltersmith Petroman Oil has doubled its refining capacity to 10,000 barrels per day after completing a Phase 2 expansion in Imo State.

Magaji urges FG to form farmer-herder prevention panel

AFAN President Mohammed Magaji has urged the Federal Government to set up a national committee to prevent farmer-herder clashes before they erupt across rural Nigeria.