Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, as the lender…
Month: November 2026
Dangerous spices: How melted nylon additive keeps plantain chips crunchy
By Elizabet Adegbesan For some years, plantain chip has been one of Nigeria’s ultimate snacks which…
Monarch’s murder: Nwifuru seeks death penalty for kidnappers
By Jeff Agbodo Ebonyi State Government has forwarded an executive bill to the State House of…
Euromatch NPFL: Ogunbote Disappointed With Home Draw Against Warri Wolves
Plateau United technical adviser Gbenga Ogunbote has expressed disappointment following his side’s 1-1 draw against Warri…
Best In Europe –Carragher Lauds Arsenal’s Defensive Masterclass After Historic Anfield Victory
Former Liverpool defender Jamie Carragher showered immense praise on Arsenal’s defensive resilience following their historic 1–0…
Liverpool Set Unwanted Anfield Record In 1-0 Defeat To Arsenal
Arsenal made history on Sunday as they became the first team ever to stop Liverpool from…
itel Energy offers 48-hour repairs, product replacement to customers at exhibition
itel Energy, a clean energy and power solutions brand, has promised to repair or replace faulty…
Dollar to Naira exchange rate today, November 2, 2026
The naira’s exchange rate against the US dollar remains a major focus for businesses, importers, investors and Nigerians who depend on foreign currency for international transactions. The Nigerian Foreign Exchange Market (NFEM) and the parallel market are two major segments of Nigeria’s foreign exchange market, with rates varying according to currency supply, demand and market conditions. As of Monday, November 2, 2026, the latest available figures indicate that the official NFEM rate stood at ₦1,346.26 per dollar, while the parallel market quoted the dollar at approximately ₦1,386.36. Official NFEM exchange rate Data published by the Central Bank of Nigeria (CBN) showed that the naira traded at an average rate of ₦1,346.2565 per dollar on Friday, October 30, the latest available official trading data ahead of Monday’s session. The official market also recorded a closing rate of ₦1,346.00 per dollar, reflecting a marginal improvement from the previous trading session. The NFEM rate is determined by the volume-weighted average of transactions in the official foreign exchange market. It serves as the benchmark for official foreign currency transactions in Nigeria. Central Bank of Nigeria Dollar to naira black market rate today In the parallel market, commonly known as the black market, currency dealers quoted the dollar at approximately ₦1,380.59 for buying and ₦1,386.36 for selling as of Sunday, November 1. This means Nigerians seeking to purchase one dollar from parallel market operators would need approximately ₦1,386, although the actual amount may vary depending on the dealer and location. The parallel market rates are indicative and may change throughout the day in response to foreign exchange demand and supply. Difference between official and parallel market rates The difference between the latest official NFEM weighted average of ₦1,346.26 and the parallel market selling rate of ₦1,386.36 is approximately ₦40.10 per dollar.…
Cartoon: ‘Form a circle, wider wider; no, make it small’
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👨🏿🚀TechCabal Daily – OPay’s IPO hits a wall – TechCabal
In partnership with Welcome to November. ☀️ A quick correction before we get into today’s newsletter.…