Black Market Dollar to Naira Exchange Rate and Economic Concerns in Nigeria: November 20, 2024
1. Black Market Dollar to Naira Exchange Rate Today
As of Tuesday, November 19, 2024, the exchange rate in Lagos' black market saw the U.S. Dollar trading for ₦1,738 for buying and ₦1,740 for selling. These figures come from sources within Bureau De Change (BDC) circles.
While the black market...
Nigerian Daily Update: Key News Headlines for Wednesday, November 20, 2024
Good morning, Nigeria. Here's a summary of the top news stories making waves across the country today, Wednesday, November 20, 2024.
1. President Tinubu Requests ₦1.767 Trillion Loan to Address Budget Deficit
President Bola Tinubu has reached out to the National Assembly, seeking approval for an external loan of ₦1.767...
Confusion Over Tinubu’s Spokesperson Role as Bwala and Onanuga Make Conflicting Claims
Dispute Over Presidential Communication Team Roles
The Nigerian presidency has been caught in a wave of confusion following recent announcements regarding the official spokesperson for President Bola Ahmed Tinubu. On Monday, Daniel Bwala, the Special Adviser on Policy Communications, declared himself as the presidential spokesman—a role previously held by Ajuri Ngelale.
Senate Launches Probe into ₦105.7 Billion Financial Irregularities by Federal Agencies
Senate's Investigation into Financial Misconduct
The Nigerian Senate has initiated a thorough investigation into financial discrepancies involving federal government agencies, amounting to ₦105.66 billion. This probe follows concerns raised by the Auditor General of the Federation regarding improper financial practices.
Details of the Allegations
In his...
Makinde Responds to APC’s Southwest Takeover Plans: “We Reject Your Curse
Tensions Rise Over APC's Plans for the Southwest
Oyo State Governor, Seyi Makinde, has criticized the All Progressives Congress (APC) national chairman, Abdullahi Ganduje, following his recent declaration that the ruling party aims to secure political dominance in the Southwest by unseating the Peoples Democratic Party (PDP) from Oyo and Osun states.
Latest Petrol Price Update and Fuel Scarcity News in Nigeria for November 19, 2024
Overview of Nigeria’s Fuel Situation
As Nigerians continue to cope with rising fuel prices, Naija News provides the latest updates on petrol costs, fuel supply, and the public's response to government policies.
Petrol Prices Declining Amid Competition – IPMAN
Recent deregulation in Nigeria’s downstream oil sector...
Nigerian Newspaper Headlines for Tuesday, November 19, 2024
Top Stories from Nigeria’s Major Newspapers:
The PUNCH
The Presidency responded to former President Olusegun Obasanjo’s remarks that corruption in Nigeria has worsened. The Presidency dismissed Obasanjo’s call to remove the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu, over his handling of the 2023 elections, labeling it...
China, Brazil see prosperous cooperation in emerging fields
By Qu Pei, Shi Yuanhao, Chen Haiqi, People's Daily
At 3:50 a.m. on Nov. 8, a cargo plane from Hong Kong, China, loaded with packages from cross-border e-commerce platforms such as AliExpress and SHEIN, landed at an airport in Sao Paulo, Brazil.
In a bonded warehouse at the airport, Denise Capitol,...
Dollar to Naira Exchange Rate Today, November 19, 2024: Black Market vs CBN Rates
Current Dollar to Naira Exchange Rate
What is the current exchange rate between the Dollar and the Naira in the black market, also known as the parallel market (Aboki fx)? Below are the black market rates for November 18, 2024, which indicate the buying and selling prices for converting your dollar to Naira.
China takes actions to cope with climate change
By Kou Jiangze, Sun Xiran, People's Daily
China's Ministry of Ecology and Environment (MEE) recently issued a report on China's policies and actions for addressing climate change. The report comprehensively summarizes the progress and achievements of China in combating climate change since 2023.
This year marks the 30th anniversary of the...