Business news

Business news

Nigeria Is Too Important for Global Banks to Ignore — JP Morgan

October 28, 2026 Jake Clifford

    JP Morgan has reaffirmed its confidence in Nigeria’s financial sector, saying the country remains too significant for any international bank seeking a global presence to overlook, despite reports…

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Business news

Cardoso: Why CBN’s rate decision shocked the market

October 16, 2026 Omajemite Don

CBN’s surprise rate decision aimed at fixing faulty policy transmission. Central Bank of Nigeria Governor Olayemi Cardoso says the apex bank moved to correct a broken monetary policy transmission mechanism,…

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Business news

FAAC Allocation: Tinubu’s FG Gets N832bn, 36 State Governors Share N799bn

October 15, 2026 Omajemite Don

FAAC Allocates N2.428 Trillion to Federal, State, and Local Governments for September 2026   The Federation Account Allocation Committee has disbursed N2.428 trillion in revenue generated during September 2026 to…

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Exchange Rates

Latest Dollar to Naira Today, October 15, 2026

October 15, 2026 Omajemite Don

The naira held its ground against the United States dollar on Thursday, October 15, 2026, trading inside a narrow band at the official Nigerian Foreign Exchange Market (NFEM) while street…

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Exchange Rates

Dollar to Naira Today, Sept 29 2026: Official Window vs Black Market Rate

September 29, 2026 Omajemite Don

See Latest Dollar to Naira Today, Sept 29 2026. The naira traded at ₦1,321.44 to the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, 29 September 2026,…

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Exchange Rates

Dollar to Naira Exchange Rate Today September 12, 2026

September 12, 2026 Omajemite Don

Dollar to Naira Exchange Rate Today: Saturday, September 12, 2026 First, a crucial point for beginners: Nigeria’s foreign exchange markets do not trade on weekends. Because today is a Saturday,…

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Exchange Rates

Dollar to Naira Today: Official and Parallel Market Rates for September 9, 2026

September 9, 2026 Omajemite Don

The US dollar traded with subtle fluctuations against the Nigerian naira on Wednesday, 9 September 2026, as trading opened across both the official Nigerian Autonomous Foreign Exchange Market (NAFEM) and…

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Exchange Rates

Dollar to Naira Exchange Rate Today September 7, 2026

September 7, 2026 Omajemite Don

The Nigerian naira traded at ₦1,420 per US dollar in the official foreign exchange window on Monday, September 7, 2026, while parallel market dealers quoted rates around ₦1,480 to the…

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Exchange Rates

Dollar to Naira Exchange Rate Today: August 31, 2026 FX Market Report

August 31, 2026 Omajemite Don

FX Market Overview: Naira Holds Firm Against the US Dollar The Nigerian Naira (NGN) demonstrated sustained relative stability against the United States Dollar (USD) at the close of trading on…

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Exchange Rates

Dollar To Naira Rate Today: Black Market, Official FX Rates For August 28

August 28, 2026 Omajemite Don

The Nigerian Naira has extended its positive momentum against the United States Dollar in the official foreign exchange market, reaching a five-month high of ₦1,338.59 per dollar on Thursday, August…

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Exchange Rates

Dollar to Naira Exchange Rate Today: Official and Parallel Market Rates for August 25, 2026

August 25, 2026 Omajemite Don

The Nigerian naira maintained relative stability against the United States dollar on Tuesday, August 25, 2026, trading within a narrow band across both official and parallel exchange markets. Data from…

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Exchange Rates

Dollar to Naira Exchange Rate Today, August 21, 2026: Official & Black Market Rates

August 21, 2026 Omajemite Don

Naira Weakens Against U.S. Dollar as Global Oil Prices Stabilise and Forex Demand Remains High The Nigerian naira experienced further depreciation against the U.S. dollar on Friday, August 21, 2026,…

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Exchange Rates

Naira Drops 0.5% as Reserves Shrink: Official, Parallel Rates for August 7

August 7, 2026 Media Partner

As of Friday, August 7, 2026, the Nigerian naira is trading at approximately N1,520 per US dollar at the official Investors & Exporters (I&E) window, while parallel market rates hover…

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Exchange Rates

Naira Under Pressure: Official Rate Flat, Parallel Falls to N1,510

August 4, 2026 Omajemite Don

  The naira held steady against the US dollar in the official foreign exchange market Tuesday, Aug. 4, 2026, trading at N1,478/$1, according to data from the Central Bank of…

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Exchange Rates

Dollar To Naira Exchange Rate Today July 29, 2026

July 29, 2026 Omajemite Don

The Nigerian naira held steady against the U.S. dollar on Wednesday, July 29, 2026, with the official Nigerian Autonomous Foreign Exchange Market rate closing at 1,422 naira per dollar, while…

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Exchange Rates

Naira Weakens Marginally Against Dollar on July 28, 2026

July 28, 2026 Omajemite Don

Dollar to Naira Exchange Rate Today: July 28, 2026.  The Nigerian naira experienced mixed performance against the U.S. dollar on Tuesday, July 28, 2026, with the official Nigerian Autonomous Foreign…

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Exchange Rates

Nigeria Naira Falls on Black Market; Traders Cite Import Demand, Summer Travel

July 27, 2026 Omajemite Don

LAGOS, Nigeria (AP) — The naira weakened against the U.S. dollar on the black market Monday, July 27, 2026, with traders quoting the local currency at 1,410 naira per dollar,…

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Exchange Rates

Dollar to Naira Today, June 29 – See New Black Market Price

June 29, 2026 Omajemite Don

Dollar to Naira Today as Naira Finds Footing, Market Activity Surges. The Nigerian Naira held its ground on Monday, June 29, 2026, trading at ₦1,379.22 per dollar in the official Nigerian Foreign…

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Exchange Rates

Dollar to Naira Today, June 11, 2026 – See New Black Market Price

June 11, 2026 Omajemite Don

The dollar to naira exchange rate remains one of the most closely monitored economic indicators in Nigeria, influencing import costs, foreign transactions, tuition payments, travel expenses, and business operations. Many…

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Exchange Rates

JUST IN: Dollar to Naira Exchange Rate Today, May 21, 2026 – See Black Market vs Official Rates

May 21, 2026 Omajemite Don

The Nigerian naira maintained a steady position against the United States dollar early Thursday, May 21, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the informal parallel…

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