Curious about the Dollar to Naira rate in Nigeria’s black market? Here’s the latest update: As of November 10, 2024, black market traders in Lagos buy a dollar for N1725 and sell it at N1735. It’s worth noting that the Central Bank of Nigeria (CBN) does not officially recognize these parallel rates and advises individuals […]
Category archives: News
Top Nigerian Headlines: Key News for Tuesday, 12th November 2024
Good morning, Nigeria! Here’s a roundup of today’s top news stories: Stay updated with these stories and more on Naija News. See you tomorrow for more top headlines.
Kano State Governor Presents ₦549 Billion “Budget of Hope” for 2025, Focusing on Education and Economic Growth
Governor Abba Kabir Yusuf has unveiled the Kano State 2025 Appropriation Bill, valued at ₦549.16 billion, before the State House of Assembly. Dubbed the “Budget of Hope, Human Capital, and Economic Development,” it aims to bolster education, infrastructure, and human capital. Key Highlights: Governor Yusuf emphasized that the budget is designed to enhance economic growth […]
Nigeria’s Youth Minister Urges African Leaders to Embrace Holistic Youth Development
Nigeria’s Minister of Youth Development, Ayodele Olawande, has called on his counterparts across Africa to prioritize the development of youth in their nations. Olawande emphasized the importance of equipping the continent’s youth with the skills necessary to compete in the global economy and contribute to national growth. Speaking at the YouthConnekt Africa Summit held in […]
Building Materials Prices Double in a Year, Impacting Nigerian Construction Industry
The prices of essential building materials, including cement, blocks, and paint, have surged over 100% in the past year, creating hurdles for developers and homeowners. This steep increase, noted in a recent report, is putting pressure on the construction sector, with many large projects facing delays or budget challenges. In response, the House of Representatives […]
Black Market Dollar to Naira Exchange Rate Today, 11th November 2024
Dollar to Naira Black Market Exchange Rate for 11th November 2024 The exchange rate for the dollar to naira at the black market has remained volatile. As of today, 11th November 2024, players in Lagos’s parallel market are buying dollars at ₦1735 and selling them at ₦1740. Despite fluctuations, the Central Bank of Nigeria (CBN) […]
Petrol Landing Cost Drops by 20%, Yet Retail Prices Continue to Soar
The cost of landing Premium Motor Spirit (PMS), or petrol, in Nigeria has dropped by 20.34% to ₦971.57 per litre over the past three months, driven by shifts in the global oil market and supply chain adjustments. However, despite this decrease, retail petrol prices in Nigeria have spiked significantly, reaching ₦1,060 per litre at NNPCL […]
NNPP Condemns Kwankwaso’s Visit to Governor Otti Amid Growing Internal Tensions
The New Nigeria Peoples Party (NNPP) has criticized former presidential candidate Rabiu Musa Kwankwaso’s recent visit to Abia State Governor Alex Otti, labeling it a “deceptive ploy” tied to a court ruling affecting the party’s leadership. During an emergency meeting in Lagos, the NNPP’s National Working Committee (NWC) condemned the November 9 visit and stressed […]
Nigeria News Roundup: Top Headlines for Monday, 11th November 2024
Good morning, Nigeria. Here is a summary of the top news stories across the nation for Monday, 11th November 2024.
Black Market Dollar to Naira Rate Today – 10th November 2024
Dollar to Naira Exchange Rate Today – 10th November 2024 The black market (parallel market) exchange rate for the Dollar to Naira, as of 10th November 2024, is provided below. Discover the current buying and selling rates for exchanging dollars in Nigeria’s informal market. Dollar to Naira Rate Today (Parallel Market) These rates indicate the […]