Business

Dollar to Naira Black Market Exchange Rate Today, Monday, October 19, 2026

Dollar to Naira Black Market Exchange Rate Today, Monday, October 19, 2026

The Dollar to Naira exchange rate in Nigeria’s black market opened the new trading week at approximately N1,375 for buying…
Federal Government Raises N2.42tn Through Treasury Bills in September

Federal Government Raises N2.42tn Through Treasury Bills in September

The Federal Government raised N2.42 trillion through Treasury bill sales in September 2026, an increase of 8.95% from the N2.22…
Oil Prices Fall Nearly 2% to $107 as US Eases Russian Sanctions

Oil Prices Fall Nearly 2% to $107 as US Eases Russian Sanctions

Crude oil prices fell nearly 2% on Monday as the United States moved to ease sanctions on Russia, raising expectations…
Oil and Gas Stocks Rebound 3.13% as Aradel Jumps 8.9%

Oil and Gas Stocks Rebound 3.13% as Aradel Jumps 8.9%

Oil and gas stocks rebounded on the Nigerian Exchange last week, reversing part of the losses recorded in the preceding…
NGX Falls 0.33% Despite 50 Stocks Gaining Last Week

NGX Falls 0.33% Despite 50 Stocks Gaining Last Week

The Nigerian Exchange closed lower last week despite a significant improvement in market breadth as gains across a larger number…
Nigeria’s FX Utilisation Hits $18.34bn as Financial Services Drive Dollar Demand

Nigeria’s FX Utilisation Hits $18.34bn as Financial Services Drive Dollar Demand

Nigeria’s foreign exchange utilisation rose to $18.34 billion in the second quarter of 2026 with financial services accounting for more…
Nigeria Begins 17.7MW Oyo Mini-Grid Projects to Cut Businesses’ Generator Dependence

Nigeria Begins 17.7MW Oyo Mini-Grid Projects to Cut Businesses’ Generator Dependence

The Federal Government has commenced the development of 17.7 megawatts of interconnected mini-grid projects in Oyo State, targeting lower generator…
Dollar to Naira Black Market Exchange Rate Today — Monday, October 5, 2026

Dollar to Naira Black Market Exchange Rate Today — Monday, October 5, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, opened the week on…
NASCON Plunges 9.5% to N171 to Lead Major Stock Declines

NASCON Plunges 9.5% to N171 to Lead Major Stock Declines

NASCON Allied Industries Plc recorded one of the steepest declines on the Nigerian Exchange on Thursday as sustained selling pressure…
UBA Leads NGX Trading With 36.4 Million Shares Worth N1.56 Billion

UBA Leads NGX Trading With 36.4 Million Shares Worth N1.56 Billion

United Bank for Africa Plc emerged as the most actively traded stock on the Nigerian Exchange on Thursday after investors…
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