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Naira

  • In the NewsMarketsOil & Gas

    Nigeria’s Non-Oil Exports Climb to Record N9.2 Trillion as Naira Shift Reshapes Trade

    by Oluwatosin Racheal Alabi December 15, 2025
    by Oluwatosin Racheal Alabi December 15, 2025

    KEY POINTS Nigeria’s non-oil exports rose to an unprecedented N9.2 trillion in the first nine months of 2025, underscoring how currency reforms and pricing dynamics are altering the country’s external …

  • MarketsOil & Gas

    Dangote Refinery Halts Petrol Sales in Naira as FX Crunch Deepens

    by Oluwatosin Racheal Alabi September 27, 2025
    by Oluwatosin Racheal Alabi September 27, 2025

    KEY POINTS The Dangote Petroleum Refinery, Nigeria’s flagship private downstream asset, has suspended sales of petrol in naira, setting the stage for another round of turbulence in the country’s fuel …

  • In the News

    Brent Crude Oil Prices Fall Below $70, Pressuring Global Economies

    by Adenike Adeodun September 12, 2024
    by Adenike Adeodun September 12, 2024

    Brent crude falls below $70, adding pressure on Nigeria’s economy and currency while raising hopes for lower petrol prices.

  • Oil & Gas

    Nigeria’s Petrol Price Remains Lowest in West Africa Despite Naira Devaluation

    by Motoni Olodun February 20, 2024
    by Motoni Olodun February 20, 2024

    Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

NUPRC Declares End to Era of Dormant Oil Licences as ‘Drill or Drop’ Rule Takes Effect
Nersa Sets New Deadlines for Municipal Electricity Tariff Applications Ahead of 2026/27 Financial Year

Latest Stories

NUPRC Declares End to Era of Dormant Oil Licences...
Nersa Sets New Deadlines for Municipal Electricity Tariff Applications...
France, Italy open talks with Iran to secure safe...

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