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Current Dollar to Naira Exchange Rate at the Black Market Find the current black market dollar to naira exchange rate for October 15, 2024, below. You can swap your dollar for naira at these rates. How Much is a Dollar Worth in Naira Today? Dollar to Naira Exchange Rate Today in the Black Market In…
Business Leaders Urge Government to Create a Balanced Environment for Investment in Nigeria Business operators in Nigeria, including MTN, have stressed the need for a fair and competitive environment to maintain their investments in the country. They lament that the government has not allowed them to increase their prices in the last ten years, and…
The Latest Numbers on Cooking Gas Prices: A Mixed Bag The National Bureau of Statistics has just released its latest “Cooking Gas Price Watch” for September 2024, revealing a significant rise in the average price of cooking gas. The cost of a 5kg cylinder has increased from ₦6,430.02 in August to ₦6,699.63 in September, marking…
Groundbreaking Oil Discovery in the Western Niger Delta The Nigerian National Petroleum Corporation (NNPC) Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a significant oil discovery in the shallow offshore region of the Western Niger Delta, further solidifying its position in Nigeria’s energy production sector. The site, now operating under the Petroleum…
Rise in Petrol Prices: A Significant Increase in September 2024 According to the National Bureau of Statistics (NBS), the average retail price of Premium Motor Spirit (PMS), also known as petrol, surged to ₦1,030.46 per litre in September 2024, marking a significant increase. The NBS report, “Premium Motor Spirit (Petrol) Price Watch (September 2024)”, released…
Nigeria’s Naira Plummeting: A Global Worry as It Ranks Third in Currency Depreciation The Nigerian naira has taken a significant hit, with its value plummeting by 70% against the US dollar this year. According to recent data, it now ranks as the third-worst performing currency globally, trailing only the Lebanese pound and the Ethiopian birr….
Nigeria’s Turbulent Business Climate: A Growing Exodus of Companies Despite efforts to revitalize the Nigerian economy, the country is currently experiencing a significant exodus of companies, with both local and international businesses opting to close or relocate due to persistent economic woes, currency instability, and increasing operational expenses. The latest prominent firm to depart is…
Today’s Black Market Dollar to Naira Exchange Rate: What You Need to Know Looking for the current black market dollar to naira exchange rate? Find out where to buy and sell the US dollar in Nigeria, including the rates you can expect. What’s the Going Rate for a Dollar in Nigeria’s Parallel Market? Dollar to…
Get the Latest Dollar to Naira Exchange Rate at the Parallel Market (Aboki FX) Check the current exchange rate for 19th October below, and swap your dollars for naira at these rates. Find Out How Much a Dollar Is to Naira Today at the Black Market Dollar to Naira Exchange Rate in the Parallel Market…
Nigeria’s Oil Price Plummets to $72 per Barrel The global oil price has dropped significantly, with Nigeria’s crude oil selling at $72 per barrel yesterday, down from its previous price of $75 per barrel. This marks an 8.2% decline from the $77.96 per barrel benchmark set in Nigeria’s 2024 budget. This decrease is attributed to…
Understanding the Black Market Dollar-to-Naira Exchange Rate Get the latest black market exchange rate for October 28th, 2024. You can swap your dollars for naira at these rates. What’s the Dollar-to-Naira Rate Today? Black Market Dollar-to-Naira Exchange Rate: October 28th, 2024 According to Bureau De Change sources, Lagos parallel market players are buying dollars for…
Fuel Scarcity Worsens in Nigeria: Petrol Marketers Suffer as Prices Soar Petrol stations nationwide are experiencing decreased patronage as the price of petrol has skyrocketed to over ₦1,000 per litre. Moreover, petrol marketers are struggling to cope with the new reality, which has led to reduced workforce and scaled-back work shifts. Indeed, the National President…
Currenly Available Dollar to Naira Exchange Rate at the Parallel Market (Aboki Fx) Check out the latest dollar to naira exchange rate for October 20th, 2024. You can exchange your dollar for naira at these rates. What’s the Current Dollar to Naira Rate? Dollar to Naira Exchange Rate Today at the Parallel Market (Black Market)…
Current Black Market Dollar to Naira Exchange Rate (Aboki Fx): October 21st, 2024 Get the latest black market dollar to naira exchange rates for 21st October 2024, so you can swap your dollars for naira at these rates. What is the Dollar to Naira Exchange Rate Today in the Black Market? The current exchange rate…
MTN Nigeria Issues Stark Warning: Shut-down Imminent Without Regulatory Policy Reversal The country’s leading telecommunications provider, MTN, is facing financial struggles and has issued a stern warning: if the government doesn’t revamp policies to allow for increased tariffs, the company may have to shut down its operations in Nigeria. According to MTN’s CEO, Karl Toriola,…
**Markets Take Center Stage in the Downstream Sector** The Group Managing Director of Rainoil Ltd, Gabriel Ogbechie, has sounded the alarm for Nigerians to prepare for market-driven pricing of petroleum products in the country. This warning comes amidst the federal government’s full deregulation of the downstream sector, a move that has led to a sharp…
Get the Latest Black Market Exchange Rate for the US Dollar in Nigeria Looking for the current exchange rate for the US dollar to naira at the black market? You’ve come to the right place! Here’s the latest information: Black Market Exchange Rate: Dollar to Naira Today As of October 22nd, 2024, the black market…
Dangote Petroleum Refinery Receives First Crude Oil Deliveries Under New Naira-for-Crude Agreement In a major development, the Dangote Petroleum Refinery has taken delivery of four crude oil shipments from the Nigerian National Petroleum Company Limited (NNPCL), marking the commencement of the naira-for-crude agreement. This significant milestone follows intense negotiations and polyester petrol pipeline issues faced…
Current Black Market Exchange Rate: Dollar to Naira Here’s the latest black market exchange rate for 23rd October, 2024. You can exchange your dollars for naira at these rates. How Much is a Dollar Worth in Naira Today? Black Market Exchange Rate for Dollar to Naira According to sources at Bureau De Change (BDC), the…
New Developments in Nigeria’s Fuel Crisis: Latest Updates and Reactions President Bola Tinubu has submitted a proposal to Nigerian motorists, allowing them to purchase petrol at a fixed rate of ₦1,000 per liter or its gas equivalent of ₦200 per Standard Cubic Meter. This announcement was made during a high-level meeting with executives from the…
