Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Category : Search result: Dangote dollar prediction
Dangote Fuel Price Drop to ₦739 Goes Viral
Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Ogun Speaker Lauds Dangote for Job Creation
Ogun Speaker Daisi Elemide commended Aliko Dangote for job creation at Dangote Cement's Community Day, where N15.72m scholarships were awarded. He urged other wealthy Nigerians to invest locally to curb 'japa'.
Man Confirms Dangote's N739 Fuel Price, Posts Receipt
A Nigerian man visited an MRS filling station in Victoria Island to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Man Confirms Dangote's N739 Fuel Price, Posts Receipt
A Nigerian man visited an MRS station in Lagos to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Yusuf lauds Dangote's 25% wealth pledge to charity
Kano Governor Abba Yusuf applauds Aliko Dangote's historic 25% wealth charity pledge and N100bn education support. Details on Kano's education reforms and partnership goals.
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.
Dangote Accuses NMDPRA Boss, Petitions ICPC Over $5M Fees
Aliko Dangote petitions ICPC, alleging NMDPRA CEO Farouk Ahmed paid $5m in school fees. A social media user explains the clash stems from refinery policy constraints. Read the full story.
Dangote Accuses NMDPRA Boss of $5M Corruption
Aliko Dangote accuses NMDPRA's Farouk Ahmed of corruption, alleging $5 million spent on children's school fees. Nigerians react as the billionaire's public composure cracks. Full story inside.
MRS Petrol Price Drops to N739 After Dangote Cut
MRS filling stations in Lagos slash petrol price to N739 per litre following Dangote Refinery's gantry price reduction, sparking motorist relief and a fierce industry debate over market stability.
CBN's $250M Intervention Lifts Naira in Forex Market
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
NANS, CSOs Seek End to Dangote, NMDPRA Boss Rift
Nigerian students and civil society groups call for collaboration between Aliko Dangote and NMDPRA's Farouk Ahmed, warning against media wars that threaten national stability. Read their full statement.
Doctor Found Dead in Miami Store Freezer
The body of Dr. Helen Massiell Garay Sanchez, 32, was discovered inside a Florida Dollar Tree freezer. Police are investigating the 'unclassified death' as her family seeks answers and support.
Dangote Debunks Trump Feud Rumours, Cites US Crude Supply
Aliko Dangote dismisses rumours of US President Trump's opposition to his refinery, revealing it buys 100 million barrels of crude annually from America. Get the full story.
Supercomputer Predicts AFCON 2025 Winner in Morocco
Opta's supercomputer has revealed its prediction for the 2025 Africa Cup of Nations winner. Host nation Morocco leads the favourites. See the full top 10 list and Nigeria's chances.
Dangote: Oil Mafia Steals $82M, Sabotages Refinery
Aliko Dangote reveals a powerful cartel stole $82 million from his refinery, alleging sabotage worse than drug mafias. He calls for action against local and international saboteurs.
CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B
The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.
Naira resilient despite festive dollar demand surge
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
Naira Drops to N1,454/$1 Amid Festive Dollar Demand
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
Dangote Pledges More Petrol Price Reductions, Ends Fuel Queues
Aliko Dangote commits to lowering petrol prices to compete with imports, declares an end to Nigeria's fuel queues, and reveals plans to expand his refinery to 1.4 million barrels daily by 2028.
Dangote: Fuel Queues Gone Forever, Refinery to Expand
Aliko Dangote assures Nigerians of stable fuel supply this Christmas and reveals plans to make Dangote Refinery the world's largest by 2028. Read the full details.
Naira Falls as CBN Releases New FX Rate, Gap Widens
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.
Dangote: Fuel Queues Gone Forever, Christmas Supply Assured
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
Dangote Aims to Make Nigeria Top Fertiliser Producer by 2028
Aliko Dangote reveals plans to quadruple urea production, positioning Nigeria as the world's leading fertiliser exporter. He urges African investors to drive continental growth.
Dangote Refinery Slashes Diesel Price to N910/Litre
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
Supercomputer Gives Arsenal 82.13% Chance to Win EPL
Arsenal's 2-0 win and rivals' slip-ups see them tipped for glory. The Opta supercomputer now gives the Gunners an overwhelming 82.13% probability of winning the Premier League title this season. Read the full analysis.
FG Sets 2026 Budget Exchange Rate at N1,512/$1
The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.
Naira Depreciates as FX Gap Between Official, Parallel Markets Widens
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
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