Economy & Business News
Nigeria, UAE Sign Trade Agreement to Remove Tariffs on Thousands of Products
Nigeria and the United Arab Emirates (UAE) have signed a major trade agreement aimed at removing tariffs on thousands of…
Category: Economy & Business News
Economy & Business News
No More Petrol Imports as Dangote Refinery Meets Local Demand — Oil Marketers
Oil marketers in Nigeria have disclosed that petrol supply is currently being sourced largely from the Dangote Petroleum Refinery, with…
Economy & Business News
Businesses, Traders Raise Prices Amid Implementation of New Tax Laws
Findings indicate that since the new tax laws took effect in January, prices of certain products and services have risen in several parts of…
Economy & Business News
Naira Holds Firm at ₦1,427/$1 at Official Market as CBN Reforms Boost Confidence
The Nigerian naira traded steadily around ₦1,427.52 per United States dollar at the official foreign exchange window on Thursday, reflecting continued stability as the…
Economy & Business News
Naira Trades Around ₦1,432 at Official Market as FX Activity Picks Up
The Nigerian naira traded around ₦1,432.00 per US dollar at the official market during the early hours of Wednesday, January 7, 2026, reflecting a…
Economy & Business News
Naira Opens First Full Trading Week of 2026 With Mixed Performance Across FX Markets
The Nigerian naira began the first full trading week of 2026 with mixed movements across major foreign exchange markets, as renewed dollar demand offset…
Economy & Business News
Naira Opens 2026 Trading Year Stable Across Official and Parallel FX Markets
The Nigerian naira began the first full trading Friday of 2026 on a steady note across both the official and informal foreign exchange markets,…
Economy & Business News
Naira Holds Steady Against Dollar at Parallel Market on Remittance Support
The Nigerian naira traded on a relatively steady note against the U.S. dollar in the informal foreign exchange market on Monday, December 29, 2025,…
Economy & Business News
Naira Shows Renewed Stability, Gap Between Official and Parallel Markets Narrows
Nigeria’s foreign exchange market continued to exhibit calm on Thursday, December 11, 2025, as the Naira maintained steady performance against the US Dollar across…
Economy & Business News
Naira-Dollar Exchange Rate Opens New Week With Stability
The Naira began the new week on a steady note on Monday, as the exchange rate against the U.S. dollar held firm across both…
Economy & Business News
Naira Maintains Strong Stability as Exchange Rate Holds Firm Across Markets
Nigeria’s Naira continued to show impressive stability on Wednesday, boosting market confidence as the currency held steady against the United States Dollar across both…
Economy & Business News
Naira Holds Steady at ₦1,448 Against Dollar as Official and Parallel Markets Align
The Nigerian Naira maintained a steady exchange rate against the United States Dollar on Tuesday, December 2, 2025, with both official and parallel markets…
Economy & Business News
Dollar Strengthens Against Naira as Year-End Demand Rises
The US dollar appreciated against the Nigerian naira on Monday, driven by strong year-end demand from importers, businesses, and holiday travellers. While the parallel…