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, 11th April, 2024, the black market rate for exchanging 100 US dollars to naira stands at:
Buying rate: ₦120,000
Selling rate: ₦121,000
In essence, purchasing 100 US dollars in the black market requires 120,000 naira, while selling the same amount yields N121,000.
The Niger Delta Development Commission, NDDC, has emphasised the need for integrated strategies to ensure…
Over 20 children have reportedly lost their lives in a tragic stampede during a Christmas…
President Bola Ahmed Tinubu on Wednesday delivered the 2025 budget proposal to a joint session…
The National Assembly has finalised plans to extend the 2024 budget cycle beyond its scheduled…
President Bola Ahmed Tinubu has officially presented the 2025 Appropriation Bill to a joint session…
The Zamfara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested…
