NewsBreakNigeria
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,389GBP/NGN black market ₦1,879EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,389GBP/NGN black market ₦1,879EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94

Record reserves, rising oil, a stranger’s vault: The riddle of Nigeria’s strangest loan in its strongest year

There is a particular kind of quiet that settles over a shop in Balogun Market when the owner returns from the moneylender. Consider a textile trader who has just closed the best season of her working life. The lace is…

Aggregated · originally by Nairametrics
22 Sept 2026, 15:00 WAT · 3 min read
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Record reserves, rising oil, a stranger’s vault: The riddle of Nigeria’s strangest loan in its strongest year

There is a particular kind of quiet that settles over a shop in Balogun Market when the owner returns from the moneylender. Consider a textile trader who has just closed the best season of her working life. The lace is…