Trending News: At least 38 dead as 7.7-magnitude earthquake hits IndonesiaPolice arrest Accord lawmaker for ‘importing 300 persons’ to vote in Osun guber pollGhana Police kill two, arrest Nigerian over alleged bank robbery attemptStrait of Hormuz will become US territory after Iran war, says TrumpKidnappers free Anambra businessman, reverend sisterOsun Decides: Why Today’s Election Is More Than Who Is GovernorOver 40,000 security personnel in Osun as election holds todayAtiku sues Tinubu over ‘NYSC certificate forgery’, seeks disqualification from 2027 electionLakurawa terrorists kill four soldiers in SokotoSix killed, thousands stranded at airport as rainfall triggers floods in Japan#OsunDecides2026: IPC Unveils AI-Powered WAFLO to Strengthen Journalists’ SafetyAfter Police Interrogation, Fadahunsi Insists Viral Video Was Edited To Misrepresent His CommentNigeria fails fiscal transparency test for 2nd year — US ReportThree killed as herders clash with youths in Plateau communityGunmen kill 10 police officers in KebbiPolice summon Osun senator over killing commentAir Peace Flights Disrupted As Aviation Unions Block Airport TerminalsAdeleke: I’m a bulldozer, not afraid of FG support for APC candidateSyrian court sentences ex-president Bashar al-Assad to death for crimes against humanityTrump secretly flown from Turkey to UK amid Iran assassination threat – ReportsUPDATED: IMSU lecturers released after police briefly detained them for embarking on a strike17 bandits, 10 police officers killed in ZamfaraColombia scrambles to find survivors as earthquake kills 111US revokes over 175,000 visas under Trump over ‘crimes, immigration violationsMohammed Ma’aji: I led coup against Tinubu because of patriotismDSS frees, compensates artisan cleared of Oyo school kidnapping linkEXTRA: President walks to office, eats once daily — NRS boss defends TinubuPolice arrest cleric, two military officers over ‘plot to kidnap bishops’ wives’ in PlateauUK radio broke rules in announcing king’s death — OfficialNAF Airstrike Kills Nine ISWAP Fighters, Key Commander In Borno570 killed in 596 security incidents in July – ReportWoman stabs husband to death in Abia communityEXTRA: Court remands man over alleged attempted suicideNDLEA arrests Italy-based businessman with ‘98 wraps of cocaine’ in EnuguNetanyahu rejects US Gaza plan, vows no pullout until Hamas disarmsIran Issues Demands For Reopening Of Hormuz42 Niger Republic soldiers killed in road crash while returning from trainingSCAM ALERT: MTN warns subscribers against fake 25GB anniversary data giveawayPublish your assets before election, SERAP urges Tinubu, Atiku, Obi, othersNDLEA alerts parents after uncovering drugs in cookies, gummiesNigerian man jailed 13 months after high-speed police chase, multiple crashes in UKAgain, Trump signs new executive orders to restrict birthright citizenshipGunmen kill 3 herders, 14 cattle in fresh Plateau attackEx-DSS Officer Ezeakolam Arraigned Over Alleged IPOB MembershipOsun sues EFCC over ‘illegal’ freezing of account, demands N2bn damagesFake agency probe: Adeyemi rejects closed-door Reps quizICPC uncovers two more fake agencies in PFIPC probeTinubu orders EFCC to vacate Osun account freeze order2027: We will not bow to intimidation, Adeleke vowsEFCC can freeze accounts for 72 hrs without court order – SpokesmanReopening Strait Of Hormuz Depends On US — IranKwara kidnap victims released after 6 months in captivityArmy places bounty on wanted ISWAP leadersNo ₦11bn was looted in Osun, commissioner replies EFCCOsun heads to court as EFCC freezes govt accountWAEC pass rate drops by 2.26% as 1.2m students earn credits in maths, EnglishTrump: Iran will be hit very hard if Strait of Hormuz remains closedEFCC plotting to freeze Osun accounts ahead of gov poll – AdelekeMilitary air strike kills ’12 insurgents’, destroys terrorist hideout in BornoTinubu approves pay rise for 250,000 armed forces personnelALERT: NAFDAC warns against unregistered menopause support capsules in circulationFG Orders VCs, Rectors, Provosts To Dismiss Students Involved In KidnappingHackers hit Zenith Bank, steal customers’ informationSuspected armed herders kill four in Benue attackRivers Police Arrest Three Over Killing Of Officers, Recover Stolen RiflesExplosion kills ISWAP bombmakers, medical officer, Arab IED experts in Borno21-yr-old Nigerian basketballer, Tobiloba arrested in US over rape chargeNIS arrests 12 suspects over alleged QNET-linked fraud networkWike: I opposed Fubara’s re-election because Rivers had become cash cow for senior lawyersPolice officer, two others die as bandits raid Sokoto villageNBC seeks fresh appeal over ruling voiding broadcast finesCargo ship hit after Trump insists Iran talks could reopen Hormuz waterwayAI powers 55% of African cybercrimes, INTERPOL 2026 report revealsTrump Tells Iranians To Negotiate Or SurrenderGunmen kill former Plateau councillorRULAAC Files Suits Against Police In Imo Over Alleged Torture, Extrajudicial KillingsTroops exhume remains of community leader allegedly murdered in ImoIran Talks Set To Start, Says TrumpAbducted Kebbi high court judge regains freedom after one week in captivityMorocco says 11 died in Ceuta crossing after Spain puts toll at 72Iran denies asking US not to strike, says Trump liedWike declares end to political feud with Fubara in RiversSoldier, police officer killed as army rescues nine abductees in ZamfaraNavy busts illegal fuel depot, seizes 87,000 litres in Rivers102 Terrorists Killed In July— DHQHamas agrees to disarm under Trump-backed Gaza ceasefire dealOver 48,000 migrants return to Morocco from Spain after Ceuta crossingsUS warns Nigerians against AI-edited passport photosSeminarian abducted in BenueKano Court Sentences Bride To Death For Killing Husband Nine Days After WeddingNigeria’s Chief Judge orders lawyers to drop ‘Barrister’ titleEXTRA: I’d have entered the bush to free Oyo pupils, says ObiGunmen kill man in Plateau, injure pastor, two others in fresh attacksCatholic priest killed in Kogi,At least 18 dead as thousands cross into Spain from MoroccoNo Current Negotiations With US — IranStudents Feared Trapped As Private Hostel Near Oko Polytechnic CollapsesFG demands probe as Nigerian man dies in South African police operationSuspected Hoodlums Cart Away PVCs At Distribution Centre In Osun4 killed as bandits in military uniform attack Sokoto community
Sun. Aug 16th, 2026
Trending News: At least 38 dead as 7.7-magnitude earthquake hits IndonesiaPolice arrest Accord lawmaker for ‘importing 300 persons’ to vote in Osun guber pollGhana Police kill two, arrest Nigerian over alleged bank robbery attemptStrait of Hormuz will become US territory after Iran war, says TrumpKidnappers free Anambra businessman, reverend sisterOsun Decides: Why Today’s Election Is More Than Who Is GovernorOver 40,000 security personnel in Osun as election holds todayAtiku sues Tinubu over ‘NYSC certificate forgery’, seeks disqualification from 2027 electionLakurawa terrorists kill four soldiers in SokotoSix killed, thousands stranded at airport as rainfall triggers floods in Japan#OsunDecides2026: IPC Unveils AI-Powered WAFLO to Strengthen Journalists’ SafetyAfter Police Interrogation, Fadahunsi Insists Viral Video Was Edited To Misrepresent His CommentNigeria fails fiscal transparency test for 2nd year — US ReportThree killed as herders clash with youths in Plateau communityGunmen kill 10 police officers in KebbiPolice summon Osun senator over killing commentAir Peace Flights Disrupted As Aviation Unions Block Airport TerminalsAdeleke: I’m a bulldozer, not afraid of FG support for APC candidateSyrian court sentences ex-president Bashar al-Assad to death for crimes against humanityTrump secretly flown from Turkey to UK amid Iran assassination threat – ReportsUPDATED: IMSU lecturers released after police briefly detained them for embarking on a strike17 bandits, 10 police officers killed in ZamfaraColombia scrambles to find survivors as earthquake kills 111US revokes over 175,000 visas under Trump over ‘crimes, immigration violationsMohammed Ma’aji: I led coup against Tinubu because of patriotismDSS frees, compensates artisan cleared of Oyo school kidnapping linkEXTRA: President walks to office, eats once daily — NRS boss defends TinubuPolice arrest cleric, two military officers over ‘plot to kidnap bishops’ wives’ in PlateauUK radio broke rules in announcing king’s death — OfficialNAF Airstrike Kills Nine ISWAP Fighters, Key Commander In Borno570 killed in 596 security incidents in July – ReportWoman stabs husband to death in Abia communityEXTRA: Court remands man over alleged attempted suicideNDLEA arrests Italy-based businessman with ‘98 wraps of cocaine’ in EnuguNetanyahu rejects US Gaza plan, vows no pullout until Hamas disarmsIran Issues Demands For Reopening Of Hormuz42 Niger Republic soldiers killed in road crash while returning from trainingSCAM ALERT: MTN warns subscribers against fake 25GB anniversary data giveawayPublish your assets before election, SERAP urges Tinubu, Atiku, Obi, othersNDLEA alerts parents after uncovering drugs in cookies, gummiesNigerian man jailed 13 months after high-speed police chase, multiple crashes in UKAgain, Trump signs new executive orders to restrict birthright citizenshipGunmen kill 3 herders, 14 cattle in fresh Plateau attackEx-DSS Officer Ezeakolam Arraigned Over Alleged IPOB MembershipOsun sues EFCC over ‘illegal’ freezing of account, demands N2bn damagesFake agency probe: Adeyemi rejects closed-door Reps quizICPC uncovers two more fake agencies in PFIPC probeTinubu orders EFCC to vacate Osun account freeze order2027: We will not bow to intimidation, Adeleke vowsEFCC can freeze accounts for 72 hrs without court order – SpokesmanReopening Strait Of Hormuz Depends On US — IranKwara kidnap victims released after 6 months in captivityArmy places bounty on wanted ISWAP leadersNo ₦11bn was looted in Osun, commissioner replies EFCCOsun heads to court as EFCC freezes govt accountWAEC pass rate drops by 2.26% as 1.2m students earn credits in maths, EnglishTrump: Iran will be hit very hard if Strait of Hormuz remains closedEFCC plotting to freeze Osun accounts ahead of gov poll – AdelekeMilitary air strike kills ’12 insurgents’, destroys terrorist hideout in BornoTinubu approves pay rise for 250,000 armed forces personnelALERT: NAFDAC warns against unregistered menopause support capsules in circulationFG Orders VCs, Rectors, Provosts To Dismiss Students Involved In KidnappingHackers hit Zenith Bank, steal customers’ informationSuspected armed herders kill four in Benue attackRivers Police Arrest Three Over Killing Of Officers, Recover Stolen RiflesExplosion kills ISWAP bombmakers, medical officer, Arab IED experts in Borno21-yr-old Nigerian basketballer, Tobiloba arrested in US over rape chargeNIS arrests 12 suspects over alleged QNET-linked fraud networkWike: I opposed Fubara’s re-election because Rivers had become cash cow for senior lawyersPolice officer, two others die as bandits raid Sokoto villageNBC seeks fresh appeal over ruling voiding broadcast finesCargo ship hit after Trump insists Iran talks could reopen Hormuz waterwayAI powers 55% of African cybercrimes, INTERPOL 2026 report revealsTrump Tells Iranians To Negotiate Or SurrenderGunmen kill former Plateau councillorRULAAC Files Suits Against Police In Imo Over Alleged Torture, Extrajudicial KillingsTroops exhume remains of community leader allegedly murdered in ImoIran Talks Set To Start, Says TrumpAbducted Kebbi high court judge regains freedom after one week in captivityMorocco says 11 died in Ceuta crossing after Spain puts toll at 72Iran denies asking US not to strike, says Trump liedWike declares end to political feud with Fubara in RiversSoldier, police officer killed as army rescues nine abductees in ZamfaraNavy busts illegal fuel depot, seizes 87,000 litres in Rivers102 Terrorists Killed In July— DHQHamas agrees to disarm under Trump-backed Gaza ceasefire dealOver 48,000 migrants return to Morocco from Spain after Ceuta crossingsUS warns Nigerians against AI-edited passport photosSeminarian abducted in BenueKano Court Sentences Bride To Death For Killing Husband Nine Days After WeddingNigeria’s Chief Judge orders lawyers to drop ‘Barrister’ titleEXTRA: I’d have entered the bush to free Oyo pupils, says ObiGunmen kill man in Plateau, injure pastor, two others in fresh attacksCatholic priest killed in Kogi,At least 18 dead as thousands cross into Spain from MoroccoNo Current Negotiations With US — IranStudents Feared Trapped As Private Hostel Near Oko Polytechnic CollapsesFG demands probe as Nigerian man dies in South African police operationSuspected Hoodlums Cart Away PVCs At Distribution Centre In Osun4 killed as bandits in military uniform attack Sokoto community
Sun. Aug 16th, 2026

Naira depreciates to N1,175/$ in parallel market

 

The naira yesterday depreciated to N1,175 per dollar in the parallel market from N1,100 per dollar on Wednesday.

However, the naira appreciated in the Nigerian Foreign Exchange Market (NAFEM) yesterday to N782.68 per dollar. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N782.68 per dollar from N790.68 per dollar on Tuesday, indicating N8 appreciation for the naira. The volume of dollars traded in NAFEM rose by 39 percent to $97.47 million from $69.88 million on Wednesd
ay.
Consequently, the gap between the official and parallel market exchange rates widened to N392.32 per dollar yesterday from N309.32 per dollar on Wednesday.

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