“Clamp Down On Fuel Stations Selling Above Regulated Price” – Reps...

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The House of Representatives has ordered the Nigerian Police and the DSS to clamp down on petroleum retailers selling above the regulated price. It also...

JUST IN: Naira To Dollar Exchange Rate Falls To N900/$1

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According to quotes received by Nairametrics late on Tuesday, the exchange rate between the naira and the dollar has dropped to N900/$1 on the...

Inflation: CBN raises interest rate to 15.5%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 15.5 percent, from 14 percent in a bid to curb...

Why Banks Are Not Issuing Old Naira Notes Even After Supreme...

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Banks in Nigeria have revealed why they are not issuing the old 200, 500 and 1000 as directed by the Supreme Court. The apex court...

Naira Falls to N1,555/$ at Parallel Market as Official Rate Slips...

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The Naira continued its downward slide on Tuesday, July 18, 2025, as it depreciated to N1,555 per dollar in the parallel market, down from...

Naira depreciates by 50% after ban on BDCs

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Since the Central Bank of Nigeria (CBN) prohibited the sale of dollars to bureau de changes, the black market value of the dollar against...

Uber Nigeria confirms increase in fares

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Uber Nigeria has raised its charges in response to the challenges caused by inflation and the recent increase in gasoline prices. This is an...

Exchange rate skyrockets to N644/$1 at peer-to-peer market as forex scarcity...

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Wednesday, 20th July 2022: The exchange rate between the naira and the US dollar closed at N426.58/$1 at the Investors and Exporters (I&E) window, where...

“Why We Can’t Sell Fuel At N170 Per Litre” – Independent...

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has explained it is making moves to end the fuel scarcity. The PMAN said it is working...

FG Announces When New Cash Transfer To 15 million Nigerians Will...

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The Federal Government has announced date for the commencement of a new cash transfer programme to fifteen million households by October. Betta Edu, the Minister...