March 30, 2026: Naira falls to ₦1,833/£ as forex demand rises
The Nigerian currency slipped again against the British pound on March 30, 2026, underscoring sustained pressure in the foreign exchange market. Data from OANDA shows the naira traded at ₦1,833.12 to £1, compared with ₦1,846.73 the previous day and ₦1,842.62 earlier, pointing to continued volatility driven by strong demand for foreign currencies. The latest movement […]
Naira extends losses, trades at ₦1,846.73 per pound — March 26, 2026
The Nigerian naira weakened further against the British pound on March 26, 2026, trading at ₦1,846.73 to £1, down from ₦1,842.62 recorded a day earlier, according to data from OANDA Corporation. The latest movement reflects continued pressure on Nigeria’s foreign exchange market amid strong demand for foreign currencies. Currency analysts say the decline highlights persistent […]
Naira falls to ₦1,842.62 per pound on March 25, 2026 over forex pressure
The Nigerian naira weakened further against the British pound on Tuesday, trading at ₦1,842.62 to £1 on March 25, 2026, according to data from OANDA Corporation, highlighting continued pressure on Nigeria’s foreign exchange market. The latest exchange rate reflects sustained demand for foreign currency and ongoing volatility in the naira, as businesses and individuals continue […]
FG: Nigeria needs $345m per year to train out-of-school children
By Clement Abayomi The Federal Government (FG) has announced that Nigeria needs to spend $345 million every year to teach and provide skills to 15 million children who are currently out of school. The Minister of Education, Dr. Tunji Alausa, shared this information on Tuesday during a meeting with private sector leaders in Lagos. Alausa […]
Presidency defends Tinubu, says UK visit produced real economic gains
Nigeria’s presidency has defended the outcomes of President Bola Ahmed Tinubu’s recent state visit to the United Kingdom, dismissing a critical analysis by Chatham House as incomplete and lacking depth. In a strongly worded response attributed to government allies, the critique of Tinubu’s foreign engagements, particularly the March 2026 UK visit—was described as “selective pessimism” that […]
Dangote warns prolonged Middle East crisis could trigger work-from-home
Chairman of Dangote Group, Aliko Dangote, has warned that a prolonged crisis in the Middle East could force Nigeria and other African countries to adopt work-from-home measures similar to those seen during the COVID-19 pandemic. Dangote issued the warning on Monday after meeting with Bola Tinubu at his Ikoyi residence in Lagos, expressing concern over […]
Nigeria faces fuel price increase despite oil wealth – Reports
By Clement Abayomi Nigeria has emerged as one of the countries hit hard by rising fuel prices worldwide despite being a leading oil producer. The cause of this rise has been attributed to the tensions between the US, Iran, and Israel. Nigeria, with large refineries, has witnessed an increase in domestic petrol prices by nearly […]
Dangote refinery raises petrol ex-depot price to N1,175 per
Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N1,175 per litre. The refinery had announced N100 reduction earlier in the week as global crude oil prices continue to climb. The price was adjusted upward after it had briefly been lowered to N1,075 per litre on March […]
NNPC cuts petrol price to N1,130 in Lagos, N1,165 in Abuja
The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of petrol at its retail outlets to N1,130 per litre in Lagos and N1,165 per litre in Abuja. Checks on Wednesday showed that the new prices represent a drop of N100 from the previous N1,230 per litre in Lagos and N95 from N1,260 […]
FG promises to protect economy from Middle East crisis
By Clement Abayomi The Federal Government has promised to protect Nigeria’s economy from the effects of the rising tension in the Middle East. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, assured Nigerians that the government is watching the situation closely to prevent major economic problems. According to a statement […]