Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
Lagos experienced a cultural takeover as Smirnoff Ice powered five distinct raves across the city from Monochroma to Bioskey's Playhouse, uniting scenes with music, flavour, and energy. Discover how the brand became the weekend's heartbeat.
BBNaija celebrities Leo DaSilva and Nina Ivy express outrage at skyrocketing Lagos short-let rates for Detty December, with some properties charging over ₦14 million. Read their reactions and public response.
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
Upbeat Recreation Centre announces an expanded Santa Grotto for Upbeat Fest 2025 in Lagos, running Dec 13 to Jan 4. Enjoy storytelling, gifts & family fun. #LagosEvents
Discover the fascinating journey of Emma Culligan, the Japanese-Canadian archaeologist and engineer who accidentally became a reality TV star on The Curse of Oak Island. Learn about her background, career, and the fluke that changed her life.
At the PEARL Awards 30th anniversary, leaders like Udoma Udo Udoma and Governor Peter Mbah emphasized transparency and innovation in Nigeria's capital market as key to sustainable growth and infrastructure development. Discover the insights.
US House Democrats release never-before-seen images from Jeffrey Epstein's private island, offering a stark look at the site of years of sexual abuse and trafficking. See the disturbing details.
A devastating fire swept through Abuja's Jabi wood market, destroying shops and goods worth millions of naira. Firefighters contained the blaze with no casualties reported. Traders appeal for government aid.
A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
The proposed Lagos State 2025 Tenancy Bill introduces strict penalties, including fines up to N1,000,000 and imprisonment, to curb exploitative housing practices. Learn the key offences for landlords, agents, and tenants.
Lagos State proposes a new tenancy law to cap advance rent, regulate agents, and ban illegal evictions. Discover the major changes and what they mean for you.
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
EkoDubai officially launched in Lagos, creating a bridge for Nigerian investors to access Dubai's lucrative property market with VR tours and expert guidance.
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
Lagos farmers predict further rice price drops after Governor Sanwo-Olu slashes Lagos Rice to ₦57,000. Quality local rice now competes with imports as Christmas approaches. Read more!
Ex-Senator Farouk Bunza accuses NDIC of intimidation after paying N4.76bn for a Banana Island property. He vows legal redress to reclaim his land title documents. Full story inside.
Billionaire entrepreneur Richard Branson mourns his wife Joan Templeman after her death at 80. The couple shared 50 years of memories and two children. Read their love story.
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
Two Texas men are charged with plotting a violent takeover of Gonave Island, planning to kill men and take women and children as s3x slaves. Learn the shocking details.
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
American Film Market 2025 attracted over 6000 film professionals worldwide, including Nigerian representatives. Discover key outcomes and upcoming Nigerian film festivals in Lagos and Abuja.
Former Harvard president Larry Summers honeymooned on Jeffrey Epstein's private island in 2005. New documents reveal multiple flights on 'Lolita Express' and ongoing email correspondence.
Two Texas men planned to invade Haitian island, kill men and enslave women and children for sex. Federal prosecutors reveal disturbing details of the foiled plot.
Port Authority Police in Lagos arrested seven suspects attempting to board a Liberian-flagged vessel using a bamboo pole with a steel hook. The marine unit intercepted them during a routine patrol near PTML terminal.