Naira appreciates to ₦1,487/$1 in parallel market
The Naira on Tuesday appreciated to ₦1,487 per dollar in the parallel market, up from ₦1,491 per dollar recorded on Monday. Similarly,…
Finance
Cross River proposes ₦780.59bn budget for inclusive growth
Cross River State Governor, Senator Bassey Edet Otu, has proposed a total budget size of ₦780.59 billion for the 2026 fiscal year.…
Lagos’ ₦3.355trn 2025 budget hits 80% performance – Omotosho
The Lagos State Government has announced that its ₦3.366 trillion 2025 budget has achieved an impressive 80 percent cumulative performance as of…
Naira sells at ₦1,460/$ on official market
The Naira held near mid-October levels on Saturday, with official market fixings remaining around ₦1,460 per United States $1, while the parallel…
Naira appreciates to ₦1,492/$1 in parallel market
The Naira recorded a slight appreciation in the parallel market yesterday, rising to ₦1,492 per dollar from ₦1,495 per dollar recorded on…
FX markets hold steady near ₦1,468/$1 at official rate
The Naira traded in a narrow band across both the official and parallel foreign exchange markets on Wednesday, with the Daily Nigerian…
Naira falls to ₦1,500 in black market
The Naira traded within the mid-₦1,400s on the official Nigerian Foreign Exchange Market platforms on Friday, even as the parallel (black) market…
CBN, Bank of Angola sign MoU to boost bilateral central banking
The Central Bank of Nigeria and the Bank of Angola on Thursday formally signed a Memorandum of Understanding aimed at fostering closer…
Official forex rate stuck at ₦1,475 as parallel market surges
The Naira continued to trade within the mid-₦1,400s on official Foreign Exchange platforms, while the parallel (black market) rate remained markedly higher,…
Naira weakens as parallel market holds ₦1,505 dollar rate
The Naira traded slightly weaker across Nigeria’s Foreign Exchange windows on Wednesday, October 15, 2025. The official market quotes, which are derived…
Naira strengthens officially, maintains ₦1,500 parallel market rate
The Naira recorded a stronger performance today on the official daily foreign-exchange window, though the parallel market rate persisted at around ₦1,500…
Senate suspends 2026 budget review pending performance reports
The consideration of Nigeria’s 2026 budget presentation faces uncertainty, as the Senate has suspended review of new fiscal proposals pending a detailed…