Today, the Dollar to Naira exchange rate at the black market, or parallel market, stands at N1,725 for buying and N1,735 for selling, based on Bureau De Change (BDC) sources. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market rate, directing individuals to use authorized […]
Author archives: Gloria
Police Confirm Eight Dead in Port Harcourt Helicopter Crash Over Bonny River
The Rivers State Police Command has reported that eight individuals lost their lives after an Eastwind Aviation helicopter crashed into the Bonny River in Rivers State. The helicopter, carrying six passengers and two crew members, was on its way from Port Harcourt Military Base to the FPSO Nuim Antan offshore platform when it went down. […]
Bill Gates Ordered to Stand Trial in Netherlands Over COVID-19 Vaccine Safety Allegations
A Dutch court has ruled that billionaire and vaccine advocate Bill Gates must stand trial in the Netherlands regarding allegations of misleading the public about the safety of COVID-19 vaccines during the pandemic. The case was brought by seven plaintiffs who claim to have experienced injuries from the vaccines. The lawsuit names Gates alongside former […]
EFCC Requests Adjournment in Case Against Ex-Governor Yahaya Bello to November 14
The Economic and Financial Crimes Commission (EFCC) has requested an adjournment of the hearing involving former Kogi State Governor Yahaya Bello and two co-defendants until November 14, 2024. This request was made during a session at the FCT High Court, where complications arose concerning the arraignment process. Rotimi Oyedepo, SAN, representing the EFCC, stated that […]
Tinubu Advocates for Conversion of Filling Stations to CNG Outlets Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has revealed that President Bola Tinubu is pushing for the conversion of many filling stations across Nigeria to Compressed Natural Gas (CNG) outlets. Speaking after the Federal Executive Council (FEC) meeting on Wednesday, Ekpo highlighted Tinubu’s commitment to expanding the CNG programme to every corner […]
House of Reps Directs CBN to Increase Circulation of New Naira Notes, Phase Out Old Currency
The House of Representatives has instructed the Central Bank of Nigeria (CBN) to phase out old naira notes and boost the distribution of newly minted N200, N500, and N1,000 notes. This directive followed a motion of urgent national importance presented by Adam Victor Ogene (LP, Anambra). The lawmakers urged the CBN to work with commercial […]
IGP Introduces Updated Police Training Curriculum with Emphasis on Social Media and Sex Education
Inspector-General of Police, Kayode Adeolu Egbetokun, has approved a Revised Training Curriculum for all police recruits, aimed at enhancing the professionalism and operational effectiveness of the Nigeria Police Force. The new curriculum includes critical topics such as the Police Act 2020, social media policy, gender mainstreaming, sex education, and anti-corruption laws. It also covers areas […]
DisCos Warn of Continued National Grid Collapses Without Urgent Government Action
Nigeria’s electricity grid will continue to experience frequent collapses unless the federal government addresses the long-standing issues plaguing the power sector, according to the Distribution Companies (DisCos). The national grid has reportedly collapsed 105 times over the past decade, with the most recent failure caused by a transformer explosion in Jebba, leading to a sharp […]
PDP Criticizes Tinubu’s Cabinet Reshuffle, Calls New Ministers ‘Filthy Rags’ Replacement
The Peoples Democratic Party (PDP) has expressed strong disapproval of President Bola Ahmed Tinubu’s recent cabinet reshuffle, criticizing the quality of the new ministers appointed to replace those recently dismissed. Despite the president’s efforts to streamline his administration for better governance, the opposition has raised concerns over the motives behind the changes. After a Federal […]
Dollar to Naira Black Market Exchange Rate Today, 24th October 2024, and MTN Nigeria’s Warning on Tariff Hike
Dollar to Naira Black Market Exchange Rate for 24th October 2024 The exchange rate between the US dollar and the Nigerian naira on the black market (also known as the parallel market or Aboki FX) has been updated. Below are the rates as of 23rd October 2024, where traders at the Lagos parallel market are […]