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Dollar Surges Again as Naira Wobbles at Black Market Amid Rising Forex Tension
According to Nivo News, the Dollar to Naira exchange rate continued to fluctuate on Tuesday, November 25, 2025, as Nigerians monitored developments across both the official and parallel markets. At the black market, also known as the parallel market, Bureau De Change operators in Lagos exchanged the US dollar at ₦1,474 for sellers while purchasing at ₦1,460 on Monday, November 24, 2025. These figures reflect the rates provided by traders within the Lagos currency corridor.....KINDLY READ THE FULL STORY HERE▶
Financial observers noted once again that the Central Bank of Nigeria does not acknowledge transactions carried out in the parallel market and has continued to advise individuals and businesses seeking foreign exchange to approach their respective commercial banks for officially regulated rates.
At the official window, the dollar traded between ₦1,451 and ₦1,462, indicating slight variations depending on bank and market conditions. Market analysts caution that forex prices often differ across locations and traders, meaning that the rates consumers encounter may vary from those referenced in this report.
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“Give Tinubu 2–3 Years” — Cole Urges Nigerians To Wait For Reform Impact.
The 2023 governorship candidate of the All Progressives Congress (APC) in Rivers State, Tonye Cole, has said Nigerians may need to wait another two to three years before the full impact of the economic reforms introduced by President Bola Tinubu becomes evident.....KINDLY READ THE FULL STORY HERE▶
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‘Together, We Laid Strong Foundations’ – Dangiwa Reacts To His Sack As Minister By Tinubu.
Architect Ahmed Dangiwa has reacted to his removal as Minister of Housing and Urban Development by Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
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Breaking: President Tinubu Unveils New Police Academy Council Members.
President Bola Ahmed Tinubu has approved the reconstitution of the 16-member governing council of the Nigeria Police Academy.....KINDLY READ THE FULL STORY HERE▶
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