Trending News: MTN Explains Causes of Fast Data Depletion, Pledges Improved Network ExperienceWorld Environment Day: Enugu Students Plant 400 Trees to Promote Climate ActionDemocracy Day: Nigeria’s Democratic Institutions Growing Stronger, Says Deputy Speaker KaluTinubu Hosts Madagascar’s President in Abuja to Deepen Bilateral RelationsFeyenoord manager Robin van Persie sacked after 16 months in chargeEnugu police debunk report of planned infiltration, k!dnapping and attack on UNN“Anyone begging police to pardon a criminal is also a criminal” Former police PRO, Olumuyiwa Adejobi saysCustoms officer who battled depression and anxiety reportedly commits su!cide in BauchiAtiku would’ve won 2027 presidency if he backed Obi in 2023 — Datti Baba-AhmedFlorentino Perez re-elected for eighth term as Real Madrid presidentSecurity Operatives Arrest Four Over Alleged Arms Trafficking Activities‘We Will Never Surrender’ — Tinubu Speaks as Security Agencies Intensify OperationsLaLiga: Pepe Set for Real Madrid CF Return as José Mourinho ArrivesSumner Sambo Says Okonjo-Iweala Is Not Interested in Atiku’s TicketDele Momodu Describes Atiku as Tinubu’s Strongest Rival Ahead of 2027Dele Momodu Shares Poster Hinting at Possible 2027 Partnership With AtikuLagos Residents Oppose Proposed Solar Tax PolicyZack Orji and Fellow Nollywood Actors Criticised Over Tinubu Rally AppearanceKano PDP Deputy Governorship Candidate Yusuf Danbatta Joins APCADC Coalition’s Downfall: Founding Members Violated Oath, Says Solomon DalungNo One Will Divide Us: Datti Baba Ahmed Assures Mutual Respect with Peter ObiDefence Minister, Kaduna Governor Back Tinubu’s Education Reforms to Combat InsecurityESUT, Vertex Labs Partner on Historic AI Institute, as Enugu Consolidates Leadership in InnovationNAF Deploys Aerial Surveillance to Rescue Abducted Oyo Pupils, TeachersChina Encourages Nigerian Youths to Embrace Language and Cultural ExchangeYABATECH Council Pushes Stronger Ties Between Universities and Traditional Institutions for National DevelopmentPDP Raises Concerns Over Political Climate Ahead of Ekiti Governorship ElectionTroops Overrun Terrorists’ Most Fortified Enclave in Mandara Mountains, Rescue 360 CaptivesBanks Raise N4.65tn, But Credit Crunch Persists as AfDB Flags Weak Private Sector LendingNANS Launches 90-Day Review of TETFund Projects Amidst Abandonment FearsMOBO Awards Founder Kanya King Passes Away After Cancer BattleAPGA Primary Election Outcome Challenged in CourtAccord Party Unveils 2027 Candidates in LagosFour Killed, Travelers Abducted in Fresh Zamfara ViolenceKano Hisbah Begins Medical Screening for 3,000 Couples in Mass Wedding Program“Aza Woman” Detained for Falsely Claiming School Abductions in Edo StateArsenal’s Jesus Eyeing Everton Switch Amidst Transfer UncertaintyNkem Owoh: Social Media Buzz Can’t Replace True Acting SkillEx-Police Chief Slams Asiodu for ‘Distorting’ Asaba’s Igbo Heritage and Massacre History“They Don’t Want to Share Stage With Me”: SkyB Opens Up on Lack of SupportOsuofia: My Acting Career Was An AccidentAnambra Pastor Backs Governor’s Crackdown on Fake MiraclesFell Below Expectations”: Dalung Criticizes Atiku Abubakar’s PDP Primary PerformanceNDLEA arrests 75-year-old grandpa for drug trafficking in EbonyiNigerian Shot Put star Enekwechi wins Gold in RussiaWhen my husband is drunk he beats me mercilessly from 9:00 pm till 5:00 am – Divorce-seeking woman tells Oyo courtTwo infants d!e as troops rescue 360 Borno captives from terrorist enclave in Mandara mountainsIran staff denied visas to US 5 days to World CupMTN CEO claims there’s no unlimited data anywhere in the world unless you’re paying a fortune for it but Nigerians share screenshot of what they pay for unlimited data abroad to counter himBrighton sign Nigerian wonderkid Zadok Yohanna for £21.5mTobi Amusan wins gold and also sets new record in TaiwanFG Begins Arrangements to Evacuate Nigerians From South Africa —NIDCOMBabachir Lawal Alleges Northern Political Forces Worked Against Him‘Future Leaders Must Choose Service Over Power’ — Nyesom Wike at University of Port Harcourt LectureBorno Deputy Speaker Calls for Urgent Rescue of Kidnapped Pupils15-Year-Old Herder, 13 Cattle Reportedly Killed by Gunmen in PlateauMilitary Apprehends Alleged Terrorist Informant in Niger StateMilitary Operation Neutralises Terrorists, Destroys Gun Truck in Borno2027: Mammoth Crowd as Enugu East Zone Endorses Tinubu, Mbah for Second TermTanzania Targets Stronger Trade Ties with Nigeria at FAB West Africa 2026Troops Eliminate Top Bandit Kingpins, Destroy Hideouts in Sokoto OffensiveFCT Police Debunk Alleged School Kidnap, Say Incident Was False AlarmCarloha Nigeria Showcases Chery Innovation at 2026 Okpekpe Road RaceICAN Members Gain Direct Access to Global Internal Audit CertificationGombe Ranked Nigeria’s Best State in Public Hospital Services for 2025Toyota Motor Show Inspires Young Innovators with Debate, Quiz CompetitionsPDP Built Abia’s Foundation, Remains State’s Best Political Platform — AnosikeAGNES Hails Jimoh Ibrahim’s Election as UN Committee Chair, Says It Reflects Nigeria’s Global InfluenceADC Won’t Merge With Existing Parties for Power, Says Bolaji Abdullahi“People talk about insecurity and insult the President as if insecurity just started within the administration of Bola Tinubu” Minister of Works David Umahi says (video)Filmmaker Dammy Twitch recalls losing his father while on a video shoot, says Davido stepped in to helpFull list of demands made by Oyo abductors in order to release k!dnapped teacher and pupilsUS warns Ebola outbreak on scale of largest ‘is possible’UK has entered the ‘most dangerous period’ in decades following growing threats from Russia – British head of military warnsMFM suspends nationwide vigils and restricts programmes to 8pm amid rising insecurity concerns affecting worshippers across NigeriaNigerian banks face N100m penalty for forex violationsIran warns US of wider warEl-Rufai complained of swollen eyes in custody but ICPC failed to provide him doctor – AideMurder trial moved after a cat invaded courtroom and refused to leave572 Plateau pharmacies shut down by Pharmacy Council of NigeriaWe have capacity to contain Ebola outbreak — NCDCEmeka Ike: Nigerian Politics Favors the Rich, Disenfranchising Ordinary CitizensIllbliss Calls for End to Tribalism, Highlights Igbo Contributions to Lagos“Nigerians Begging Terrorists”: Baba Yusuf Decries Devastating State of SecurityBala Mohammed’s Successor: A Three-Horse Race Takes Shape in BauchiPeller and Jarvis Say ‘Yes’ to Forever After Pregnancy Speculation50-Year-Old Man Arrested for Alleged Defilement of 8-Year-Old in AbiaFormer Enugu Lawmakers Congratulate Governor Mbah on Three Years in OfficeJudge Recuses Self in $42.5m Ecobank Rice Import Fraud Trial Over Bias AllegationsImmigration Policies, Health Concerns Cast Shadow Over 2026 World CupCarnival Calabar 2026 Unveiled as Cross River Seeks to Deepen Tourism GrowthAviation Agencies Face Financial Crisis as CRF Deductions Threaten OperationsAMTY Awards Nominates Prof. Chinyere Stella Okunna for Lifetime Achievement HonourPolitical Rallies: Enugu Government Warns Against Market ClosureNBA faults courts over bail conditions demanding senior civil servants, expensive propertiesUS removes 180 religions from its recognized faiths listNigerians granted visa-free entry to GrenadaCongolese killer of UK-based Nigerian student found guilty of murderInfluencer couple terminate pregnancy after down syndrome diagnosisSecurity guard k!lled as bandits abduct pastor, 11-year-old boy and two others in Abuja
Mon. Jun 8th, 2026
Trending News: MTN Explains Causes of Fast Data Depletion, Pledges Improved Network ExperienceWorld Environment Day: Enugu Students Plant 400 Trees to Promote Climate ActionDemocracy Day: Nigeria’s Democratic Institutions Growing Stronger, Says Deputy Speaker KaluTinubu Hosts Madagascar’s President in Abuja to Deepen Bilateral RelationsFeyenoord manager Robin van Persie sacked after 16 months in chargeEnugu police debunk report of planned infiltration, k!dnapping and attack on UNN“Anyone begging police to pardon a criminal is also a criminal” Former police PRO, Olumuyiwa Adejobi saysCustoms officer who battled depression and anxiety reportedly commits su!cide in BauchiAtiku would’ve won 2027 presidency if he backed Obi in 2023 — Datti Baba-AhmedFlorentino Perez re-elected for eighth term as Real Madrid presidentSecurity Operatives Arrest Four Over Alleged Arms Trafficking Activities‘We Will Never Surrender’ — Tinubu Speaks as Security Agencies Intensify OperationsLaLiga: Pepe Set for Real Madrid CF Return as José Mourinho ArrivesSumner Sambo Says Okonjo-Iweala Is Not Interested in Atiku’s TicketDele Momodu Describes Atiku as Tinubu’s Strongest Rival Ahead of 2027Dele Momodu Shares Poster Hinting at Possible 2027 Partnership With AtikuLagos Residents Oppose Proposed Solar Tax PolicyZack Orji and Fellow Nollywood Actors Criticised Over Tinubu Rally AppearanceKano PDP Deputy Governorship Candidate Yusuf Danbatta Joins APCADC Coalition’s Downfall: Founding Members Violated Oath, Says Solomon DalungNo One Will Divide Us: Datti Baba Ahmed Assures Mutual Respect with Peter ObiDefence Minister, Kaduna Governor Back Tinubu’s Education Reforms to Combat InsecurityESUT, Vertex Labs Partner on Historic AI Institute, as Enugu Consolidates Leadership in InnovationNAF Deploys Aerial Surveillance to Rescue Abducted Oyo Pupils, TeachersChina Encourages Nigerian Youths to Embrace Language and Cultural ExchangeYABATECH Council Pushes Stronger Ties Between Universities and Traditional Institutions for National DevelopmentPDP Raises Concerns Over Political Climate Ahead of Ekiti Governorship ElectionTroops Overrun Terrorists’ Most Fortified Enclave in Mandara Mountains, Rescue 360 CaptivesBanks Raise N4.65tn, But Credit Crunch Persists as AfDB Flags Weak Private Sector LendingNANS Launches 90-Day Review of TETFund Projects Amidst Abandonment FearsMOBO Awards Founder Kanya King Passes Away After Cancer BattleAPGA Primary Election Outcome Challenged in CourtAccord Party Unveils 2027 Candidates in LagosFour Killed, Travelers Abducted in Fresh Zamfara ViolenceKano Hisbah Begins Medical Screening for 3,000 Couples in Mass Wedding Program“Aza Woman” Detained for Falsely Claiming School Abductions in Edo StateArsenal’s Jesus Eyeing Everton Switch Amidst Transfer UncertaintyNkem Owoh: Social Media Buzz Can’t Replace True Acting SkillEx-Police Chief Slams Asiodu for ‘Distorting’ Asaba’s Igbo Heritage and Massacre History“They Don’t Want to Share Stage With Me”: SkyB Opens Up on Lack of SupportOsuofia: My Acting Career Was An AccidentAnambra Pastor Backs Governor’s Crackdown on Fake MiraclesFell Below Expectations”: Dalung Criticizes Atiku Abubakar’s PDP Primary PerformanceNDLEA arrests 75-year-old grandpa for drug trafficking in EbonyiNigerian Shot Put star Enekwechi wins Gold in RussiaWhen my husband is drunk he beats me mercilessly from 9:00 pm till 5:00 am – Divorce-seeking woman tells Oyo courtTwo infants d!e as troops rescue 360 Borno captives from terrorist enclave in Mandara mountainsIran staff denied visas to US 5 days to World CupMTN CEO claims there’s no unlimited data anywhere in the world unless you’re paying a fortune for it but Nigerians share screenshot of what they pay for unlimited data abroad to counter himBrighton sign Nigerian wonderkid Zadok Yohanna for £21.5mTobi Amusan wins gold and also sets new record in TaiwanFG Begins Arrangements to Evacuate Nigerians From South Africa —NIDCOMBabachir Lawal Alleges Northern Political Forces Worked Against Him‘Future Leaders Must Choose Service Over Power’ — Nyesom Wike at University of Port Harcourt LectureBorno Deputy Speaker Calls for Urgent Rescue of Kidnapped Pupils15-Year-Old Herder, 13 Cattle Reportedly Killed by Gunmen in PlateauMilitary Apprehends Alleged Terrorist Informant in Niger StateMilitary Operation Neutralises Terrorists, Destroys Gun Truck in Borno2027: Mammoth Crowd as Enugu East Zone Endorses Tinubu, Mbah for Second TermTanzania Targets Stronger Trade Ties with Nigeria at FAB West Africa 2026Troops Eliminate Top Bandit Kingpins, Destroy Hideouts in Sokoto OffensiveFCT Police Debunk Alleged School Kidnap, Say Incident Was False AlarmCarloha Nigeria Showcases Chery Innovation at 2026 Okpekpe Road RaceICAN Members Gain Direct Access to Global Internal Audit CertificationGombe Ranked Nigeria’s Best State in Public Hospital Services for 2025Toyota Motor Show Inspires Young Innovators with Debate, Quiz CompetitionsPDP Built Abia’s Foundation, Remains State’s Best Political Platform — AnosikeAGNES Hails Jimoh Ibrahim’s Election as UN Committee Chair, Says It Reflects Nigeria’s Global InfluenceADC Won’t Merge With Existing Parties for Power, Says Bolaji Abdullahi“People talk about insecurity and insult the President as if insecurity just started within the administration of Bola Tinubu” Minister of Works David Umahi says (video)Filmmaker Dammy Twitch recalls losing his father while on a video shoot, says Davido stepped in to helpFull list of demands made by Oyo abductors in order to release k!dnapped teacher and pupilsUS warns Ebola outbreak on scale of largest ‘is possible’UK has entered the ‘most dangerous period’ in decades following growing threats from Russia – British head of military warnsMFM suspends nationwide vigils and restricts programmes to 8pm amid rising insecurity concerns affecting worshippers across NigeriaNigerian banks face N100m penalty for forex violationsIran warns US of wider warEl-Rufai complained of swollen eyes in custody but ICPC failed to provide him doctor – AideMurder trial moved after a cat invaded courtroom and refused to leave572 Plateau pharmacies shut down by Pharmacy Council of NigeriaWe have capacity to contain Ebola outbreak — NCDCEmeka Ike: Nigerian Politics Favors the Rich, Disenfranchising Ordinary CitizensIllbliss Calls for End to Tribalism, Highlights Igbo Contributions to Lagos“Nigerians Begging Terrorists”: Baba Yusuf Decries Devastating State of SecurityBala Mohammed’s Successor: A Three-Horse Race Takes Shape in BauchiPeller and Jarvis Say ‘Yes’ to Forever After Pregnancy Speculation50-Year-Old Man Arrested for Alleged Defilement of 8-Year-Old in AbiaFormer Enugu Lawmakers Congratulate Governor Mbah on Three Years in OfficeJudge Recuses Self in $42.5m Ecobank Rice Import Fraud Trial Over Bias AllegationsImmigration Policies, Health Concerns Cast Shadow Over 2026 World CupCarnival Calabar 2026 Unveiled as Cross River Seeks to Deepen Tourism GrowthAviation Agencies Face Financial Crisis as CRF Deductions Threaten OperationsAMTY Awards Nominates Prof. Chinyere Stella Okunna for Lifetime Achievement HonourPolitical Rallies: Enugu Government Warns Against Market ClosureNBA faults courts over bail conditions demanding senior civil servants, expensive propertiesUS removes 180 religions from its recognized faiths listNigerians granted visa-free entry to GrenadaCongolese killer of UK-based Nigerian student found guilty of murderInfluencer couple terminate pregnancy after down syndrome diagnosisSecurity guard k!lled as bandits abduct pastor, 11-year-old boy and two others in Abuja
Mon. Jun 8th, 2026

Naira appreciates to ₦1,560/$ in Parallel market

The Naira appreciated to ₦1,560 per dollar in the parallel market as at close f work on Friday, up from ₦1,565 per dollar the previous day.

 

 

 

 

In the Nigerian Foreign Exchange Market (NFEM), the naira also appreciated, closing at ₦1,534 per dollar.

 

 

 

 

However, data from the Central Bank of Nigeria (CBN) indicated that the official exchange rate rose slightly to ₦1,535.5 per dollar from ₦1,534 per dollar on Wednesday, reflecting a minor depreciation of ₦1.5.

 

 

 

As a result, the gap between the parallel market and the NFEM rate narrowed to ₦24.5 per dollar, compared to ₦31 per dollar on Thursday.

 

 

 

 

This week, the parallel market experienced a ₦30 depreciation overall, while the previous week saw a marginal gain of 50 kobo. In contrast, the official market recorded no significant movement in the naira’s value throughout the week.

 

 

 

Ifejika joyce

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