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, February 17, 2024, the black market rate for exchanging 100 US dollars to naira stands at:
Buying rate: ₦164,500
Selling rate: ₦165,500
In essence, purchasing 100 US dollars in the black market requires 165,500 naira, while selling the same amount yields 164,500 naira.
Arsenal defender Ben White will be sidelined for “months” following knee surgery, manager Mikel Arteta…
A second-half hat-trick from Harry Kane led Bayern Munich to a 3-0 home victory over…
Nigeria’s Super Falcons have been placed in Group B for the 2024 Women’s Africa Cup…
Russia is turning to migrants to help address a growing labour shortage caused by its…
Three family members of Mallam Ahmed Tahir Ajobe, a former editor at Daily Trust, were…
The Celestial Church of Christ, Acts of Apostle Parish in Ketu, Alapere, Lagos, has been…