Black Market Dollar to Naira Exchange Rate Today – October 13, 2024

Are you curious about today’s dollar to naira exchange rate in Nigeria’s black market, also known as the parallel market (Aboki FX)? Find the latest USD to NGN exchange rates for October 13, 2024, below. Dollar to Naira Black Market Exchange Rate (Parallel Market)As of October 13, 2024, in the Lagos Parallel Market, Bureau De […]

Ex-APC Chair Challenges Legitimacy of Lokpobiri and Lyon’s Suspension

A former Deputy Chairman of the All Progressives Congress (APC) in Bayelsa State, Ogeibiri Enkumor, has strongly condemned the indefinite suspension of Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), and former governorship candidate Chief David Lyon, alongside several others, for alleged anti-party activities. The suspension was announced by the APC in […]

FG Approves Gas Supply to $3.3 Billion Methanol Plant

The Federal Government of Nigeria has officially signed a landmark gas sales agreement to facilitate gas supply for the $3.3 billion Brass Fertilizer & Petrochemical Company Ltd. The agreement, executed by the Nigerian National Petroleum Company Limited (NNPCL), includes key partners Shell, TotalEnergies, and Agip. During the signing ceremony at the Ministry of Petroleum Resources, […]

Nigerian Army Confirms Surrender of 15 Boko Haram Commanders and Families in Borno

The Nigerian Army has confirmed that 15 high-ranking Boko Haram commanders, along with their families, have surrendered to troops in Borno State. This development follows intensified military operations aimed at dismantling the group’s strongholds in the region. In a press release issued on Friday, the army reported significant successes, including the dismantling of multiple terrorist […]

Isaac Fayose Declares Himself PDP National Chairman, Suspends Atiku, Wike, Makinde, and Others

Isaac Fayose, younger brother of former Ekiti State Governor Ayo Fayose, has declared himself the new national chairman of the Peoples Democratic Party (PDP) amidst the party’s ongoing crisis. In a video shared on his social media, Fayose announced the suspension of key figures, including Atiku Abubakar, Nyesom Wike, Seyi Makinde, and his own brother […]

16 States Challenge EFCC and NFIU in Supreme Court Over Constitutional Legality

Sixteen state governments, led by Kogi State, have filed a lawsuit at the Supreme Court questioning the constitutional legitimacy of the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU). The states argue that the creation of these agencies violated constitutional requirements, particularly the failure to obtain approval from the majority […]

Peter Obi Calls on Tinubu to Reverse Fuel Price Hike, Labels It Insensitive

Former Labour Party presidential candidate Peter Obi has strongly criticized the recent fuel price hike announced by the Nigerian National Petroleum Company Limited (NNPCL). The price of petrol has surged from ₦897 to ₦1,030 per litre, marking the second increase in a month. Obi, in a post on his X account, called the increase “unfortunate […]

Dino Melaye Urges Suspended PDP Chairman Damagum to Join APC Amid Party Crisis

Former Senator Dino Melaye has advised suspended PDP National Chairman Umar Damagum to leave the party and join the All Progressives Congress (APC), accusing him of causing significant harm to the PDP. This comes after a faction of the party’s National Working Committee (NWC) suspended Damagum and National Secretary Samuel Anyanwu. In response, Melaye criticized […]

PDP Faces Deepening Crisis as Wike and Bauchi Governor Clash Over Party Control

The Peoples Democratic Party (PDP) is in turmoil, with an intense power struggle between former Rivers State Governor Nyesom Wike and Bauchi State Governor Bala Mohammed. The conflict, which escalated after the removal of Senator Iyorchia Ayu as National Chairman, has split the party’s National Working Committee (NWC) into factions. Tensions peaked when Wike’s push […]

Dollar to Naira Exchange Rate Today, October 12, 2024 (Black Market)

The dollar to naira exchange rate in the black market today, October 12, 2024, stands at ₦1695 for buying and ₦1700 for selling. This rate is reported from Lagos-based Bureau De Change (BDC) sources. However, the Central Bank of Nigeria (CBN) does not recognize the parallel market and advises individuals to conduct foreign exchange transactions […]