The ongoing volatility of the black market exchange rate between the US dollar and the Nigerian naira persists due to the continued disparity between official and unofficial rates.
As of today, March 11th, 2024, the black market rate for exchanging 100 US dollars to naira stands at:
Buying rate: ₦161,000
Selling rate: ₦161,800
In essence, purchasing 100 US dollars in the black market requires 161,000 naira, while selling the same amount yields 161,800 naira.
The United Nations (U.N.) has projected that an additional 7 million Nigerians will face hunger…
As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…
The Transmission Company of Nigeria (TCN) has announced the full restoration of electricity supply to…
The Naira experienced an appreciation on Friday at the official market, with a trading rate…
President Bola Tinubu, alongside an assembly of prominent dignitaries, paid final respects to the late…
May Edochie, the estranged wife of Nollywood actor Yul Edochie, has addressed misconceptions some men…
