The Central Bank of Nigeria (CBN) has announced a significant policy shift, banning all foreign currency payments for diaspora remittances effective May 1, 2026.
Under...
Official Market (NAFEM) Rate
The Naira opened under some pressure this morning at ₦1,385.46/$. It has shown slight strength in early trading, with the most...
In March 2026, cooking gas (LPG) prices in Nigeria have shifted significantly.
After a relatively stable start to the year, prices jumped by nearly 40%...
Petrol prices in Nigeria have experienced significant volatility throughout March 2026, primarily driven by escalating geopolitical tensions in the Middle East.
As of March 24,...
As of this morning, Tuesday, March 24, 2026, the Naira continues to face volatility against the US Dollar.
The rates have shifted slightly since the...
