Conversely, activity in the unofficial parallel market, commonly referred to as the black market, mirrored the stability seen in the official window. Street traders in major currency hubs, including Lagos and Abuja, are buying the greenback at an average rate of 1,410 Naira and selling between 1,420 Naira and 1,425 Naira per Dollar.
The company’s Chairman Imo-Abasi Jacob, disclosed this noting that the company has recorded significant growth over the last three years following the emergence of a new core investor.
The circular formally recognises certifications from the Chartered Institute of Personnel Management of Nigeria, alongside selected internationally recognised human resource bodies, effectively reinforcing CIPM’s central role in regulating HR practice in the country.
This report is a roadmap as much as a diagnosis. It shows that 41 of our 54 countries are now moving in the right direction, but it also reminds us that industrialization at scale demands resilient infrastructure, value addition close to source, and finance mobilized on African terms…
Austin Laz & Company Plc is a Nigerian engineering and manufacturing conglomerate. They specialize in producing industrial ice block machines, refrigerators, air conditioners, aluminum roofing sheets, and thermoplastic products like coolers.
The policy also requires MDAs seeking to procure foreign alternatives to provide written justification and obtain a formal waiver from the BPP before such procurement can be approved.
In an address of welcome, the Managing Director and Chief Executive Officer of Nestlé Nigeria PLC, Wassim Elhusseini, said that sustainable access to quality nutrition can only be achieved through resilient value chains supported by long-term investments in sourcing, manufacturing, distribution, livelihoods, and environmental sustainability.
The RwandAir partnership will be formally flagged off in June 2026,” said the Minister.
In the parallel market, also known as the black market, the dollar traded at around ₦1,390 to ₦1,397 for selling, while buying rates hovered between ₦1,385 and ₦1,390 depending on location and transaction volume.
At the event, UBA’s Group Managing Director/CEO, Oliver Alawuba, noted that the Innovation Hub and Business Office represent an intentional investment in talent, enterprise, and future economic transformation.
