Naira Exchange Rates - Parallel Market Lagos. *Prevelant Rate - Could be slightly higer or lower based on vendor.
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Nigeria’s crude oil output increases by 403,900bpd - Guardian

Nigeria’s crude oil output increased by about 403,900 barrels per day (bpd) to 1.940 million bpd in December 2016, above November levels of 1.536 million bpd, according to the current figures released by Organisation of the Petroleum Exporting…

Dollar to Naira Rate Black Market January 20 2017

Dollar to Naira Rate Black Market January 20 2017. Today's Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates…

Naira depreciates further against dollar - NAN

The Naira on Thursday remained indifferent to the sale of over $250m to licensed Bureau De Change operators nationwide as it suffered another loss against the dollar. The Naira inched against the dollar at the early hours of Thursday morning…

We simply can’t allow the naira to float, says Osinbajo - The Cable

Vice-President Yemi Osinbajo says the government cannot simply allow the naira to float, but admits that the Central Bank of Nigeria (CBN) has confidence in floating the local currency. Speaking at the World Economic Forum in Davos, Switzerland…

Dangote shuts tomato paste plant over dollar scarcity - Punch

Stanley Opara with agency report Africa’s richest man, Aliko Dangote, has shut his new tomato paste plant in Kano due to a shortage of dollars needed to import raw materials, a senior executive has said. This is the second of such closures…

External reserves rise to $27.3bn - Punch

Oyetunji Abioye The country’s external reserves, which have been increasing significantly in recent weeks, rose to $27.3bn on January 17 from $26.9bn on January 13, the latest data from the Central Bank of Nigeria showed on Wednesday.  The…