Naira holds steady against dollar, gains slightly against pound
Lagos, May 11, 2025 — The Nigerian naira remained largely stable against the U.S. dollar today, holding firm at ₦1607.11/$1,…
Category: Economy
Latest Nigeria economy news and analysis on inflation, naira exchange rate, fuel prices, business trends, and government policies. Follow real-time updates on Nigeria’s economic growth, cost of living, trade, and financial markets
Naira gains 0.23% against dollar as forex market adjusts
Lagos, May 10, 2025 — The Nigerian naira appreciated by 0.23% against the U.S. dollar today, reflecting subtle shifts in…
Market watch: Naira loses 0.19% against US dollar – May 9, 2025
The Nigerian naira recorded a marginal depreciation of 0.19% against the US dollar today, May 9, 2025, compared to the…
ExxonMobil to invest $1.5bn in Nigeria’s deepwater oil fields
ExxonMobil has reaffirmed its long-term commitment to Nigeria’s oil and gas industry with plans to invest $1.5 billion, approximately 2.41…
Market watch: Naira gains 0.18% against US dollar
7 May 2025 – The Nigerian Naira gained marginally against the US Dollar today, appreciating by 0.18% compared to the…
Ogun targets 6,500 jobs with $400m steel factory
No fewer than 6,500 direct and indirect jobs are set to be created in Ewekoro Local Government Area of Ogun…
Lagos made over N3bn from Mushin food hub since Dec 2023 – Commissioner
The Lagos State Government has revealed that food transactions worth over N3 billion have been recorded at the Mid-Level Agro…
Naira drops by 0.21% against dollar, faces continued market pressure
In today’s foreign exchange market, the Nigerian naira recorded a slight depreciation against both the US dollar and the British…
Naira exchange rate: USD at ₦1608, GBP at ₦2125, EUR at ₦1795 – May 4, 2025
As of today, from Aboki Forex data, the Nigerian Naira continues to face pressure in the parallel market, with black…
Naira gains 0.48% against British pound, 0.24% against US dollar at official market
LAGOS, Nigeria — May 3, 2025, naira, posted modest gains against the world’s major currencies (Dollar, Pounds, Euro and Chinese…