PIA Allows Dangote’s Dollar Fuel Sales – Regulator   The regulator of the midstream and downstream petroleum sector has said that the Dangote Petroleum Refinery has not violated any provision of the Petroleum Industry Act by opting to sell fuel in dollars instead of naira. Multiple senior...

‎Nigeria Records 11.2% GDP Growth in Dollar Terms in 2025, Eyes $1tn Economy by 2030 - Oyedele ‎ ‎Nigeria recorded a strong Gross Domestic Product (GDP) growth rate of 11.2 per cent in US dollar terms in 2025, reinforcing the country’s ambition to build a $1...

Nigeria’s dollar GDP rose by 22% to $307.5 billion in 2025, driven by stronger economic output and a firmer naira, according to a report by Quartus Economics.

FX Turnover Surge Lifts Naira Against Dollar   The naira rose against the US dollar at the Nigerian Foreign Exchange Market amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank of Nigeria. Dollar liquidity improved above international payment levels...

Naira Reaches Two-Year Peak kf N1,347/$   The naira has strengthened sharply in recent weeks, reaching one of its strongest levels in nearly two years, even as rising foreign portfolio inflows increase the risk of investor profit-taking later in the year, according to a macro update...

Naira Hits N1,430/$ at Parallel Market The naira strengthened to between 1,425 and 1,430 per dollar at the parallel market following the Central Bank of Nigeria’s renewed directive allowing the sale of foreign exchange to Bureau De Change operators, a development stakeholders say is already...