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What is the Current Black Market Exchange Rate for Dollars to Naira? Here’s an update on the black market dollar to naira exchange rate for November 8th. This information will help you gauge the rate at which you can swap your dollars for naira. What is the Current Aboki Fx Rate? Dollar to Naira Exchange…
Expert Forecasts: Petrol Prices Could Reach N1,200 per Litre, Naira May Strengthen by 2025 Bismarck Rewane, a renowned economist and CEO of Financial Derivatives Company Limited, has shared his economic outlook for 2024 and 2025, predicting that petrol prices in Nigeria could reach N1,200 per litre and the Naira may strengthen to N1,550 per dollar…
Globacom Names Ahmad Farroukh as New CEO A well-seasoned telecommunications expert, Farroukh brings over 20 years of industry experience to his new role, having previously held leadership positions at several prominent telecom companies. As part of its ongoing efforts to enhance corporate governance and operational efficiency, Globacom has appointed Ahmad Farroukh as its new Chief…
Current Black Market Dollar to Naira Exchange Rate Get the latest black market dollar to naira exchange rate for November 7th, 2024. This rate applies to transactions between individuals at the parallel market. What’s the Current Dollar to Naira Rate? Black Market Dollar to Naira Exchange Rate: November 7th, 2024 According to sources at Bureau…
The Nigeria Deposit Insurance Corporation (NDIC) is calling on depositors of the defunct Heritage Bank to come forward and provide their account details to facilitate the processing of their payments. This announcement was made by Bello Hassan, the managing director of NDIC, during the corporation’s special day at the 36th Lagos International Trade Fair. Hassan…
Oil Prices Rally Despite Unexpected Crude Stockpile Growth Oil prices surged yesterday, reversing a significant decline, as the market reacted to a surprise report from the Energy Information Administration (EIA). Brent crude futures rose by 38 cents, or 0.5%, to settle at $75.91 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by 57…
Nigerians Face Fuel Shortages and Price Hikes: The Latest Updates Nigeria is reeling from the recent fuel price increases and scarcity, leaving citizens frustrated and government officials scrambling to address the issue. In response to allegations of adulterated petrol being sold at one of its filling stations, the Nigerian National Petroleum Company Limited (NNPCL) has…
Nigeria’s Civil Society Leaders Demand Action to Combat ‘Saboteurs’ of Local Refineries and Economy Civil society organizations in Nigeria have sounded the alarm over alleged attempts by a “powerful group” to undermine the country’s local refineries and promote the importation of Premium Motor Spirit (PMS). This move, they warn, could send the economy into turmoil….
Latest Black Market Exchange Rate: Dollar to Naira (Aboki Fx) The parallel market, also known as the black market, is a hub for exchanging foreign currencies, particularly the US dollar. As of November 6th, 2024, here’s the latest rate for exchanging your dollar for naira: Black Market Exchange Rate: Dollar to Naira (Aboki Fx) As…
A Fuel for Thought: Cracks in Nigeria’s Oil Market As the country continues to grapple with the latest fuel price hike, we delve into the world of Nigerian oil and energy to bring you the latest updates on the ongoing drama surrounding oil scarcity, price increases, and the reactions of the government and its citizens….
Current Exchange Rate at the Black Market (Parallel Market) For 5th November 2024, here’s the black market Dollar to Naira exchange rate: What’s the Value of a Dollar in Naira Today? Black Market Exchange Rate for Dollar to Naira Today As of 5th November 2024, Lagos-based black market players are buying dollars at N1725 and…
Rice Prices Soar: Annual Inflation Rate Reaches 144.77% New data from the National Bureau of Statistics (NBS) shows that the price of high-quality imported rice has skyrocketed by a staggering 144.77% over the past year. This extraordinary increase is a pressing concern in the country, given its impact on the cost of living. The report…
Current Dollar to Naira Exchange Rate in the Black Market (Parallel Market or Aboki) As of November 4th, 2024, the black market or parallel market exchange rate for the US dollar against the Nigerian naira is as follows. You can exchange your dollars for naira at these rates. What’s the Current Dollar to Naira Exchange…
MTN Nigeria Reports Significant Loss After Tax of ₦514.9 Billion in Q3 2024 Despite a resilient performance, MTN Nigeria’s financial results for the nine months ending September 30, 2024, show a loss after tax amounting to ₦514.9 billion. This is a stark contrast to the profit after tax of ₦4.1 billion recorded in Q3 2024….
DAPPMAN Rejects Dangote Refinery’s Claim of Substandard Fuel Imports
Fuel Price Hike and Scarcity: Nigerians Take to the Streets, Demand Reform in the Oil Sector In the midst of growing discontent due to the recent increase in fuel prices by the Nigerian National Petroleum Company (NNPC) Limited, hundreds of Nigerians gathered in Abuja on Monday to express their frustration about the economic woes. Led…
The Rise of Cryptocurrencies in Nigeria: Opportunities and Challenges Nigeria is witnessing a rapid growth in the adoption of cryptocurrencies, with individuals and businesses embracing digital currencies for various purposes. In this article, we will delve into the impact of cryptocurrencies on the Nigerian economy, the job market, and the position of the country in…
Current Black Market Exchange Rate: Dollar to Naira (Aboki Fx) If you’re looking to exchange your dollars for naira, you can do so at the following rates. What’s the Current Black Market Exchange Rate? Aboki Dollar to Naira Exchange Rate for November 3, 2024: According to sources at Bureau De Change (BDC), the parallel market…
Fuel Scarcity: The Dark Side of the Nigerian Oil Industry As Nigerians grapple with the latest hike in fuel prices, a new reality has emerged: a game of deceit at the nation’s fueling stations. Fill-up stations are engaging in under-dispensing, tampering with pump meters to dispense less fuel than advertised, leaving consumers bearing the brunt…
The Current State of the Black Market Dollar to Naira Exchange Rate Get the latest updates on the black market dollar to naira exchange rates. Here, you can find the best rates to swap your dollars for naraas. Black Market Exchange Rates for the Day According to our sources at Bureau De Change, the parallel…
