Naira Dollar Pounds

Naira Faces Fresh Pressure As Pound Sterling Trades Above ₦2,000 In Parallel Market

The British pound sterling continued to maintain a strong lead over the Nigerian currency, the Naira. Reports from multiple market trackers on Wednesday, November 5, 2025, showed black-market rates hovering between ₦2,030 and ₦2,100 per £1. Naija News reports that the development highlights ongoing weakness in Nigeria’s foreign exchange market and rising demand for foreign

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Board Strengthens Indigenous Oil Companies’ Capacity

The minister of state for Petroleum Resources (Oil) and chairman of the Governing Council of the Nigerian Content Development Monitoring Board (NCDMB), Senator Heineken Lokpobiri, has commended the board for empowering local oil and gas operators. The minister said the NCDMB has become a business enabler to the oil and gas industry, creating optimum conditions

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