Naira Exchange Rates - Parallel Market Lagos. *Prevelant Rate - Could be slightly higer or lower based on vendor.
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Again, Nigeria’s Manufacturing Index Declines in August - Thisday

The Manufacturing Purchasing Manager’s Index (PMI) declined to 42.1 index points in August 2016, compared to 44.1 in the preceding month, indicating that the manufacturing sector declined at a faster rate during the review period. The Central…

Time To Redenominate The Naira - Leadership

It’s official: Nigeria is in recession as we enter the last quarter of 2016. This is no doubt a big blow and a bad addition to the myriad of crises in its economy. The assessment by the National Bureau of Statistics (NBS) reflected the…

After Grim Economic Data, Buhari Appeals for Patience, Promises Real Change - Thisday

Following the grim economic data released on Wednesday by the National Bureau of Statistics (NBS) confirming Nigeria’s slide into recession, rising inflation, unemployment and plummeting foreign capital importation, President Muhammadu Buhari…

Dollar to Naira Rate Black Market September 2 2016

Dollar to Naira Rate Black Market September 2 2016. 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…

Nigerian aviation authority says domestic airlines not set to close - Reuters

LAGOS, Sept 1 (Reuters) - Nigeria's aviation authority on Thursday rejected suggestions that some of the country's airlines were set to close after two carriers suspended flights indefinitely. Airlines in Nigeria, which is in its first recession…

After Aero, First Nation Airways suspends operations - The Cable

First Nation airlines has suspended its operations barely 24 hours after Aero Contractors, another airline, announced the indefinite suspension of its own operations. Muhtar Usman, director-general of the Nigerian Civil Aviation Authority…