Dollar-to-Naira Exchange Rate — September 9, 2025 Black market trades higher at ₦1,510 to ₦1,525 per dollar. FX shortages continue to widen the gap between official and parallel rates The value of the US dollar against the Nigerian naira remains a key concern for both businesses and individuals. Today’s rates show moderate movement across both … Read more
Dollar to Naira Exchange Rate Today, 5th September 2025 Black market rate hits ₦1,538, widening gap with official window. Analysts link depreciation to inflation, imports, and weak oil revenues The Naira continues to face pressure against the United States Dollar as Nigeria’s foreign exchange market remains volatile. On Friday, 5 September 2025, the local currency … Read more
Dollar to Naira Exchange Rate Today, September 3, 2025 CBN official rates close lower, ranging between ₦1,530 and ₦1,522. Exchange rate fluctuations highlight forex supply and demand pressures nationwide. The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to fluctuate as traders, investors, and ordinary Nigerians monitor the value … Read more
We’ve Hit Our Revenue Target for the Year – Tinubu Revenue from non-oil sources has helped cushion the impact of global economic pressures – Tinubu Outlines plans to roll out agricultural mechanisation President Bola Ahmed Tinubu has announced that his administration has surpassed its 2025 revenue target ahead of schedule, attributing the success to stronger … Read more
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange from the Nigerian Foreign Exchange Market (NFEM), which was recently launched. EKO HOT BLOG reports that in a circular dated December 19, 2024, and signed by T.G. Allu, on behalf of … Read more
Human rights lawyer Effiong Inibehe has called on Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God (RCCG), to step back from defending President Bola Tinubu’s administration. Inibehe made this statement in response to Pastor Adeboye’s remarks crediting his prayers for preventing the naira’s collapse to ₦10,000 per dollar. Adeboye also commended … Read more
The Nigerian National Petroleum Company Limited (NNPC) is set to implement a new pricing regime for petrol after lifting approximately 103 million litres from Dangote Refinery between September 15 and 30, 2024, Premium Times reports. EDITOR’S PICKS Health, Planning Ministries Partner with AfDB on Sustainable System Project Shamim Ahmed: Student Ally of Bangladesh’s Ex-Prime Minister … Read more
The Central Bank of Nigeria (CBN) has clarified that it has not reinstated the cybersecurity levy that was previously suspended. The CBN had initially suspended the levy’s implementation following a decision by the Federal Executive Council (FEC). In May, the CBN had directed all banks in Nigeria to collect and remit a 0.5 percent cybersecurity … Read more
Dangote Predicts New Dollar To Naira Exchange Rate, Diesel Price. He expects a reduction in inflation following discussions with President Tinubu. Dangote emphasizes the importance of supporting government efforts to improve the economy. EKO HOT BLOG reports that Nigerian billionaire businessman, Aliko Dangote, has noted an improvement in diesel prices alongside a potential further drop in … Read more
Why Price Of Food Won’t Drop Immediately Despite Naira Appreciation Market adjustment processes could delay visible decreases in the cost of goods and services. Traders cite challenges such as infrastructural constraints and expenses to maintain product quality, affecting price reductions. EKO HOT BLOG reports that as the Nigerian naira experiences an upturn against the dollar, economists … Read more
EKO HOT BLOG reports that fuel marketers have called on the Federal Government to provide transparency regarding its stance on fuel subsidy. They assert that the government has quietly resumed subsidizing Premium Motor Spirit (PMS), commonly known as petrol. They claim that this discreet return to fuel subsidy has prevented the price of petrol … Read more