Fresh Cash Scarcity Hits Nigerian States – Key Areas Affected Naira scarcity has resurfaced in several Nigerian states, despite increased supply efforts by the Central Bank of Nigeria (CBN). Over the past week, the shortage has been particularly severe in northern regions, affecting daily transactions and causing frustration among residents. Affected States The states grappling […]
Author archives: Gloria
Wike Celebrates Fayose’s 64th Birthday, Praising His Honesty and Loyalty
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has extended heartfelt birthday wishes to Ayo Fayose, former Governor of Ekiti State, as he turns 64. In a statement released on Friday in Abuja by his Senior Special Assistant on Public Communications and New Media, Lere Olayinka, Wike commended Fayose for his straightforward nature […]
Black Market Dollar to Naira Exchange Rate for 15th November 2024 and Upcoming Tax Reforms
Black Market Dollar to Naira Exchange Rate for 15th November 2024 Curious about today’s Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx)? Here’s the latest update for 15th November 2024. Today’s Black Market Exchange Rate The exchange rate for Dollar to Naira in the Lagos Parallel […]
Dollar to Naira Exchange Rate Today, November 14, 2024, and Future Projections for Nigeria’s Economy
Current Exchange Rates On November 14, 2024, the Dollar to Naira exchange rate in Nigeria’s black market, often referred to as the parallel market or Aboki fx, is a point of focus for many. Below are the details of the latest rates for November 13: These rates are sourced from Bureau De Change (BDC) operators […]
APC Youth Leaders Accuse Party Insiders of Targeting Yahaya Bello, El-Rufai for Political Reasons
The All Progressives Congress (APC) Youth Leaders Forum (AYLF) has voiced strong concerns over what they describe as politically motivated actions against former Governor Yahaya Bello by the Economic and Financial Crimes Commission (EFCC). In a statement released on Tuesday, the youth leaders claimed that certain influential figures within the APC are behind what they […]
EFCC Detains Former NCDMB Executive Over Alleged $35 Million Fraud in Brass Project
The Economic and Financial Crimes Commission (EFCC) has detained Timber Kesiye Wabote, the former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), in connection with an alleged $35 million fraud related to the Brass Project. This development follows ongoing investigations into a failed refinery project for which the substantial funds were allocated. […]
Lakurawa: Rising Terror Threat in Northwestern Nigeria Following Niger Coup
The Nigerian military has recently identified Lakurawa, a relatively new terror group, as a growing threat infiltrating Sokoto and Kebbi states from the Niger Republic, particularly after the recent coup in Nigeria’s neighboring country. Despite the recent attention, reports indicate that Lakurawa, linked to al-Qaeda, has been active since before last year’s political upheaval in […]
Military Warns of New Terrorist Group ‘Lakurawa’ Recruiting in Northern Nigeria
The Defence Headquarters has issued a warning about the recruitment efforts of Lakurawa, a new terrorist group targeting youths in northern Nigeria, particularly in Sokoto and Kebbi states. According to Major General Edward Buba, Director of Media Operations, Lakurawa entered Nigeria from the Niger Republic and Mali regions, ramping up concerns in northern communities. Last […]
Dollar to Naira Black Market Exchange Rate for November 13, 2024
Today’s Exchange Rates As of November 12, 2024, the dollar-to-naira rate in the Lagos black market stands at N1730 for buying and N1740 for selling. These rates are sourced from Bureau De Change (BDC) operators. Please note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. For foreign exchange needs, […]
Top Nigerian News Highlights for Wednesday, November 13, 2024
1. Tinubu Directs State Funeral for Late Army Chief LagbajaPresident Bola Tinubu has ordered a state burial for the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja. The announcement was made during a condolence visit by Major General Kamal Yusuf, who shared details of the upcoming ceremony at the National Military Cemetery in Abuja. […]