…Bonny Light crude traded at an average of $93.86 per barrel over the same period. The naira exchange rate used in the assessment stood at N1,362.53 per dollar, adding further pressure to the cost of sourcing foreign-refined products.Petroluemprice.ng reports that these combined factors continue to push up what importer…
The naira climbed to its strongest level since April 2026 on Monday, driven by a CBN policy shift on bank borrowing accessInterbank FX turnover surged by over 265% to $437.53 million, the highest single-day volume recorded since July 22, 2026Nigeria's external reserves reached $52.25 billion as of August 13, 2026, thei…
…Black market (Buying and selling rates): N1,410— N1,420 The Nigerian naira appreciated against the United States (US) dollar, trading at N1,349.5372 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Monday, August 17, 2026.Contents…Black market (Buying and selling rates): N1,410— N1,420 The…
F00lish people - Omoyele Sowore slams NDLEA for burning Cannabis Sativa worth millions of Naira Activist and presidential candidate Omoyele Sowore has criticized the National Drug Law Enforcement Agency (NDLEA) following its public destruction of a massive haul of seized illicit drugs, including cannabis sativa. The ND…
…choices. “Nigerians must learn from Osun election where APC spent a whopping 70 billion naira only to procure 444,816 votes plus rigging. “The implication is that more people collected APC money and voted for their conscience. “2027, collect APC money and vote your conscience. APC till we meet again,” he wrote. APC spe…
…value of Three Hundred and One Billion, Fifty-Eight Million and Seventy-Six Thousand Naira (N301,058,076,000) in a court-ordered exercise carried out in Lagos. The exercise, conducted pursuant to orders of the Federal High Court, Lagos Judicial Division, disposed of uncontested concluded cases and abandoned seizures. O…
Nigerian businesswoman narrates how she spent millions of naira securing and setting up walk-in store only to find out the building was up for sale A Nigerian woman, Morenikeji Adekunle Igwe, has narrated how she spent millions of Naira to secure a walk-in store and additional N5m setting it up, excluding the goods, on…
Android 17 update is rolling out, but many users remain in the waiting game for installationGoogle's Pixel phones lead the charge, with select Samsung and Motorola models joining the early rolloutAI feature requirements create a divide, limiting the functionality of Android 17 for some powerful devicesPAY ATTENTION: Ma…
Veteran Nollywood actress Rita Edochie spoke on August 17, hinting that someone was begging her to back down from the ongoing legal disputeJudy Austin had filed a writ of summons against Rita Edochie, demanding N1 billion in damages, a retraction, an apology, and N50 million paymentRita made it clear that she has no in…
…prices, switching brands and purchasing smaller quantities as they try to stretch every naira.This has created opportunities for retailers that can consistently offer affordable products. Instead of relying solely on large margins, budget-focused supermarkets can attract customers through competitive pricing and high s…
…Police Force's position that bail at police stations must not cost anyone a single naira, calling on legal practitioners and ordinary Nigerians to speak out whenever such demands are made.Alieke made his remarks in response to comments by the Nigerian Police Force Public Relations Officer, CSP Anietie O. Iniedu, who ou…
…Government as much as N53 trillion under current market conditions and pushed the naira to about N3,500 to the dollar, chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has said. The post Fuel subsidy could have cost Nigeria N53trn, pushed naira to N3,500/$ — NRS chair appeared first on Tribune Online.
Singer Rema recently posted new photos of himself on social media, capturing attentionFans flooded the comments section with worry and confusion over the Nigerian artist's appearance in the new shotsSeveral followers linked the photos to Rema's recent music, raising questions about the direction of his stylePAY ATTENTI…
The naira closed the week at N1,357.61 per dollar at the official FX market, gaining N8.08 week-on-weekNigeria's external reserves climbed to $52.25 billion, a 17-year high representing a 28.32% year-on-year riseThe CBN rolled out new financial market reforms, including expanded access to OMO securities for non-bank in…
…Buhari for the country’s refinery woes and instead account for the trillions of naira sunk into the facilities under his own watch. Atiku’s Senior Special Assistant on Public Communication, Phrank Shaibu, said in a statement on Sunday in Abuja that the combined obligations of the Port Harcourt, Warri and Kaduna refiner…
…7Ctwgr%5E553ad4f6425fd265a9bfe5a928cf838b30d8686f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.nairaland.com%2F8728728%2Fcut-finger-vote-adeleke-apc “We will cut the finger you used to vote [for] any party except APC. That finger won’t follow you go back home that day,” she was heard saying. The woman further warned residen…
…7Ctwgr%5E8b9b662602ed324ed3c6ccfd36c2cbfa81a83e33%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.nairaland.com%2F8727651%2Fomotolas-daughter-meraiah-ekeinde-engaged https://nigerianewsfeed.com/assets/images/uploads/183ca993d4f8395684e4ea981ad3096f.jpg https://nigerianewsfeed.com/assets/images/uploads/6ab00ca69e63262bfa1d906d1…
…Domestic crude must be available and commercially viable - Dangote Refinery Dollar to Naira exchange rate today, August 11, 2026: Nigerian Naira depreciates, reverses gain Gas flaring: CSOs raise concern over poor enforcement of Methane emission laws in Nigeria Heirs Life Assurance appoints Pastor Jerry Eze as Non-Exec…
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…shocked and amused at the discovery. "We entered a zoo in Yola yesterday and paid 500 naira per person to view the animals, only to be shocked by these statues," she wrote. View this post on Instagram A post shared by Lindaikejiblog (@lindaikejiblogofficial) by Linda Ikeji at 11/08/2026 11:46 PM | Share this Story
…with the contents of his savings account, totaling one million six hundred thousand naira, go to his granddaughter, Catherine."Richard barked out a laugh.I kept my hands folded in my lap. I had not expected anything, and yet hearing my name said out loud made my eyes sting."Thank you," I said quietly.>The attorney nodd…
…strengthen government finances rather than become a drain on public resources. “Every naira of private investment that goes into infrastructure like this is a naira the government does not have to borrow, while the returns, in revenue and efficiency, still accrue to the country,” he said. He added that the selection of…
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…performing on the stage. The text that was displayed on Soso’s phone reads, “500 Million Naira to fight your twin in a boxing match.” This is coming amid the ongoing financial dispute between Peter, the one-half of the defunct Afrobeats duo, P-Square and his twin, Paul. The dispute escalated after Peter accused Paul an…