Victor Ezeja, Author at Prime Business Africa

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th June 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 11th June 2025, is N1,610

June 11, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets

Naira Further Appreciates Across FX Market After Sallah Celebration

The Nigerian naira recorded significant appreciation at the foreign exchange market on Tuesday, 10 June 2025, being the first trading day after the Ed-el-Kabir celebration. The naira traded N1,540.048 against the United States Dollar at the Nigeria Foreign Exchange Market (NFEM) on

June 10, 2025

News

NNPCL Cautions Nigerians, Foreign Investors Against Dealing With Fraudsters

The Nigerian National Petroleum Company Limited (NNPCL), has cautioned Nigerians, foreign investors and international business entities against engaging with individuals and companies falsely claiming to be representing the national oil company. In a statement signed by the Head of Corporate Communication, Olufemi

June 10, 2025

Cooking Gas Crisis: Will Nigeria's LPG Export Ban Be The Solution?

Business·Oil & Gas

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Nigeria’s already struggling households are in for deeper hardship as Liquefied Petroleum Gas (LPG), also known as cooking gas, prices continue to surge, worsening inflation, hunger, and energy poverty. The latest price hike of this essential commodity has forced many families to

June 10, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th June 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 10th June 2025, is N1,590

June 10, 2025

Business·Power

Nigerian DisCos Lose N202bn Revenue As Electricity Bills Rise By 107%

Despite an increase in electricity billing nationwide, power distribution companies (DisCos) reported a loss of more than N202 billion in their revenue collections for the first quarter of 2025. The latest report published by the Nigeria Electricity Regulatory Commission (NERC) revealed that

June 10, 2025

Why Nigeria’s Debt Stock Will Rise To N187.8trn In 2025

Finance & Economy

South Africa, Egypt, Nigeria, Four Others Account For 54% Of Africa’s Foreign Debt Stock

An analysis of a report released recently by the African Export-Import Bank (Afreximbank) reveals that seven countries, including South Africa, Egypt, Nigeria, Morocco, Mozambique, Sudan and Angola, are responsible for about 54.4 per cent of Africa’s foreign debt stock. Titled ‘State of

June 9, 2025

News

NIMC Enrols 74% Of Prisoners In Correctional Centres Nationwide

A total of 59,786 inmates in correctional facilities nationwide have been enrolled and assigned National Identification Numbers (NIN) by the National Identity Management Commission (NIMC). According to a statement released by Kayode Adegoke, Head of Corporate Communications at NIMC, the initiative, which

June 9, 2025

Business

Fuel Subsidy Removal: Revenues To States, LGAs Surged By 55.2% In 2024 – Report

The Nigerian government says the removal of fuel subsidy has significantly increased revenues for both state and local governments, marking a major shift in fiscal dynamics. A policy explainer published by the National Orientation Agency (NOA) and titled “Two Years Later: Key

June 9, 2025

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency·Markets

Naira Vs Dollar: What To Expect This Week (9th – 13th June 2025)

The naira has been on a positive trajectory in recent weeks, maintaining relative stability and a modest appreciation across foreign exchange market windows. The local currency ended last week on a positive note, recording a two-month high of N1,553.11 per dollar on

June 9, 2025

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Victor Ezeja

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th June 2025

Naira Further Appreciates Across FX Market After Sallah Celebration

NNPCL Cautions Nigerians, Foreign Investors Against Dealing With Fraudsters

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th June 2025

Nigerian DisCos Lose N202bn Revenue As Electricity Bills Rise By 107%

South Africa, Egypt, Nigeria, Four Others Account For 54% Of Africa’s Foreign Debt Stock

NIMC Enrols 74% Of Prisoners In Correctional Centres Nationwide

Fuel Subsidy Removal: Revenues To States, LGAs Surged By 55.2% In 2024 – Report

Naira Vs Dollar: What To Expect This Week (9th – 13th June 2025)

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