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Market 30 May 2026 Aisha Akinbani 0 Comments

POS system operators

If Verve International and Interswitch Limited's alleged exclusivity practice is not promptly addressed by the Central Bank of Nigeria and the FCCPC, the Association of Point of Sale Service Providers {POS} may halt and severely impair banking operations in the nation.Yomi Idowu, the Assoc ....
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Market 19 May 2026 Aisha Akinbani 0 Comments

Naira drops to N1,395 per dollar in parallel market

In the parallel market, the Naira dropped from N1,390 per dollar last Friday to N1,395 per dollar yesterday. Similarly, on the Nigerian Foreign Exchange Market, or NFEM, the local currency fell to N1,373.5 per dollar.According to data from the Central Bank of Nigeria, or CBN, the ma ....
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Market 15 May 2026 Aisha Akinbani 1 Comments

Naira drops to N1,392 per dollar in parallel market

In the parallel market, the Naira fell from N1,388 per dollar on Wednesday to N1,392 per dollar yesterday.Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the naira fell to N1,371 per dollar.The indicative exchange rate for the market dropped to N1,371 ....
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Market 06 May 2026 Aisha Akinbani 0 Comments

Naira appreciates to N1,382 per dollar in parallel market

In the parallel market, the Naira increased from N1,387 per dollar on Monday to N1,382 per dollar yesterday.In a similar vein, in the Nigerian Foreign Exchange Market, or NFEM, the naira increased to N1,362 per dollar.The indicative exchange rate for the naira decreased to N1 ....
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Market 04 May 2026 Aisha Akinbani 0 Comments

Naira appreciates to N1,374 per dollar

In April 2026, the Naira appreciated month over month versus the US dollar, completing the month at N1,374/$ from its March closing of N1,387/$.Data from the Central Bank of Nigeria (CBN) supports this.After closing worse each year since 2024, this is the first time the Nair ....
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Market 29 Apr 2026 Aisha Akinbani 0 Comments

Dangote refinery increases petrol price

The ex-depot price of gasoline has been raised by N75 by Dangote Refinery.The price rise from N1,200 to N1,275 per litre was announced by the refinery on Wednesday.Similarly, coastal costs have increased to N1,215 per litre.With Brent crude currently pricing at $114.8 ....
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