Author: New Daily Prime

The naira recorded mixed movements against the British pound across official and parallel market segments, reflecting continued foreign exchange supply constraints and sustained demand pressures in the market. At the parallel market, data from Aboki FX showed that the pound sterling was sold at N2,021, underscoring persistent pressure on the local currency in the informal segment. In contrast, the official market presented a significantly lower exchange rate. Central Bank of Nigeria (CBN) data showed that the pound stood at N1,424 on 23 January, before appreciating to M1,921 on 26 January, indicating notable volatility within a short trading window. Market analysts…

By Sakariyah, Ridwanullah Pam Bot-Mang has emerged as one of Plateau State’s most consistent public administrators, with a career spanning private-sector management, state service, and now a federal regulatory role. He currently represents Plateau State as a Federal Commissioner at the Federal Character Commission, an appointment confirmed in August 2025 and with his swearing-in on 23 January 2026. His selection drew commendations from political figures, including Senator Simon Bako Lalong, who described him as a steady and experienced technocrat. Bot-Mang is the son of the late Sir Michael Bot-Mang, a former Deputy Governor of Plateau State who served from 1999…

Weekly Love Story Column  by  Olayinka Owolabi-Ajayi Let’s be honest, modern dating often feels like a group project where no one read the direction and guidelines. We’re all talking about “finding the right person,” but skipping the part where we actually figure out what that means and its importance. Welcome to the most underrated, most skipped stage of modern romance Intentional dating. Intentional dating, the one that saves your sanity and your calendar. Dating With Purpose, Not Pressure Intentional dating isn’t about interviewing someone as your future co-parent before appetizers arrive. It’s about clarity, curiosity, and cutting through the performance. Think…

Africa is no longer in the grip of a public health emergency over mpox though the viral infection “remains endemic in several settings”, the head of region’s disease monitoring centres said Saturday. The announcement by Jean Kaseya, director general of the Africa Centres for Disease Control and Prevention, comes after the World Health Organization in September said mpox was no longer a global health emergency. WHO had declared its worldwide public health emergency over the viral infection — previously known as Monkeypox, and related to smallpox — in August 2024, after a two-pronged mpox epidemic broke out, primarily in the…

Vice President JD Vance confirmed on Thursday that a five-year-old boy was among those detained by federal agents during a massive immigration crackdown in Minneapolis, stirring outrage in the northern city and across the US. As “the father of a five-year-old” himself, Vance acknowledged he was stunned by news of the child’s predicament at first. “I think to myself ‘Oh, my God, this is terrible. How did we arrest a five-year-old?’” Vance said Thursday, pivoting to say he then did more research and changed his mind because Immigration and Customs Enforcement (ICE) detained the child after his father ran from…

Data from the NGNToday platform for Tuesday, 20 January, shows the Nigerian naira continuing to navigate a challenging foreign exchange environment, with notable divergence between official and parallel market rates. The British pound opened at N1,893 at the official window, while the parallel market recorded N1,950, revealing a N57 premium. This gap highlights the structural tension in Nigeria’s FX market, where formal channels remain insulated from the immediate pressures of demand and supply faced by traders in the black market. Market analysts suggest that such a differential is symptomatic of strong overseas demand for trade settlements, tuition fees, and remittances.…

Exchange data from NGNToday on Tuesday, 20 January indicated that Nigerian naira ended with mixed signals across major foreign exchange indicators, highlighting persistent market pressure. While the US dollar maintained stability against the naira compared with Monday, the euro continued to expose widening pressure between official and parallel market rates. At the official foreign exchange window, the euro was quoted at N1,649, reflecting ongoing efforts by monetary authorities to stabilise pricing through regulated channels. Meanwhile, this figure sharply contrasted with the black market rate of N1,705, underscoring persistent liquidity constraints and unmet demand for foreign currency outside the formal system.…

A data-driven review of today’s foreign exchange figures reveals mounting pressure in the euro–naira market, with a wide gap opening between official pricing and parallel market levels. Information from the NGNToday platform shows that on Monday, 19 January, the official exchange rate for the eurois fixed at N1,469, while the black market rate has surged to about N1,705 per euro. Numbers in Focus The N236 differential between both markets represents a premium of roughly 16%, making the euro one of the most expensive major currencies to source outside official channels. From a data analysis perspective, this sharp divergence signals constrained…

A closer look at today’s pound–naira exchange rate data points to sustained foreign exchange pressure, as the gap between Nigeria’s official market and the parallel segment remains firmly in place. According to figures published by the NGNToday platform, the official exchange rate for the British pound sterling is pegged at N1,893, while the black market rate is trading higher at N1,950 per pound on Monday, 19 January. Data Insight: Reading Between the Lines The N57 difference between both markets represents a spread of just over 3%, a level that signals continued demand for pounds outside formal FX channels. From a…

A fresh analysis of today’s dollar–naira exchange rate reveals a persistent gap between Nigeria’s official foreign exchange window and the parallel market, underscoring ongoing pressures within the FX ecosystem. Data from the NGNToday platform shows that the official exchange rate for the US dollar stands at M1,422, while the black market (parallel market) rate is trading significantly higher at N1,470 per dollar on Monday, 19 January. What the Numbers Say From a data perspective, the N48 spread between the official and black market rates reflects a divergence of roughly 3.4%. This gap is a key indicator of excess demand for…