Naira Exchange Rates Tuesday June 16, 2026
OFFICIAL RATES
US DOLLAR (USD) ₦1,356. 27
GREAT BRITISH POUND (GBP) ₦1,808.86
EURO (EUR) ₦1,575. 85
2026
Customs FOU C seizes N403.5m smuggled foreign vegetable oil in Southeast
He listed the seized items to include 3,310 jerrycans of 25-litre “Super Delicious” vegetable oil, 10 jerrycans of 10-litre “Super Delicious” vegetable oil, 20 cartons of 5-litre sunflower vegetable oil and 20 cartons of 3-litre sunflower vegetable oil.
MAN Tasks NESREA on Plastic Industry Regulation Without Factory Closures, Job Losses
The regulations seek to prohibit the production and use of single-use plastic products below 80 microns in thickness pursuant to Section 26(1), impose taxes on shopping bags with wall thicknesses ranging from 30 to 50 microns under Section 26(2), and restrict a wide range of plastic products listed in the Eleventh Schedule.
Naira Exchange Rates Monday June 15, 2026
BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1,393 Sell ₦1,400
GREAT BRITISH POUND (GBP) Buy ₦1,845 Sell: ₦1,865
EURO (EUR) Buy ₦1,185 Sell ₦1, 605
NIPR building PR University, says President
Other highlights of the meeting was preparations for the 2026 World Public Relations Forum (WPRF) scheduled for November in Abuja.
NIPR builds enthusiasm for Lagos PRFest 2026
Lagos PRFest 2026, is scheduled to hold from Friday, July 3 to Thursday, July 9, 2026, under the theme: ‘Security, Nation Building and Public Trust: Fostering Collective Responsibility through Strategic Public Relations.’ The Chairman of the Lagos State Chapter of the Nigerian Institute of Public Relations (NIPR), Samuel Ayetutu, disclosed this during the Chapter’s Monthly…
Tin Can, Apapa ranks among top 20 globally improved container ports
Nigeria outperformed several major ports in the global improvement rankings, including France’s Marseille Port, which ranked 11th with a 39-point improvement; Türkiye’s Iskenderun Port, which placed 13th with a 34-point increase; and India’s Jawaharlal Nehru Port, which ranked 14th with a 32-point gain. Peru’s Paita Port occupied 15th position with 32 points, while China’s Keelung and Fuzhou ports shared 16th and 17th positions respectively, recording 27 points each.
Naira Exchange Rates to Foreign Currency, Friday June 12
Black Market
US Dollar (USD) Buy ₦1,397 Sell ₦1,405
Great British Pound (GBP) Buy ₦1,850 Sell: ₦1,870
EURO (EUR) Buy ₦1,587 Sell ₦1, 607
Canadian Dollar (CAD) Buy ₦1,030 Sell ₦1,100
South African Rand (ZAR) Buy ₦75 Sell ₦90
UAE Dirham Buy ₦350 Sell
Manufacturing Under Democracy: A Story of Resilience Amid Structural Adversity, by Muda Yusuf
Executive orders promoting local content should move beyond rhetoric and become enforceable instruments of industrial policy.
Holcim Launches Carbon Capture Testing Platform in France
The 2500m² platform is capable of analysing and processing CO₂ and other emissions from the cement industry. Its ‘plug-and-play’ architecture accommodates different carbon capture systems that can be connected to Holcim’s Martres-Tolosane plant.