News
SEE Dollar To Naira Exchange Rate For Saturday 20th April 2024
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/02/Naira-against-dollar.jpg&description=SEE Dollar To Naira Exchange Rate For Saturday 20th April 2024', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/02/Naira-against-dollar.jpg&description=SEE Dollar To Naira Exchange Rate For Saturday 20th April 2024', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
By Ojomah Austin.
The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.
As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within hours.
What is the dollar to naira exchange rate today?
The local currency (abokiFx) opened at ₦1100.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 20th April 2024, in Lagos Nigeria, after it closed at ₦1100.00 per $1 on Friday, 19th April 2024.
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate of $1 ₦1100
Selling Rate of $1 ₦1,100
How does the black market dollar-to-naira exchange rate compare to the official rate?
SEARCH
NewsRain Nigeria
NewsRain Nigeria
BUSINESSBlack Market Dollar To Naira Exchange Rate For Saturday 20th April 2024Published 53 seconds ago on April 20, 2024By newsrainng
facebook sharing button Sharetwitter sharing buttonwhatsapp sharing buttonsharethis sharing button
Black Market Dollar To Naira Exchange Rate For Saturday 20th April 2024 Can Be Accessed Below.
IMPORTANT NOTE: The exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at a certain rate and the price can change (high or low) within hours.
Newsrain Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.
As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within hours.
What is the dollar to naira exchange rate today?
The local currency (abokiFx) opened at ₦1100.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 20th April 2024, in Lagos Nigeria, after it closed at ₦1100.00 per $1 on Friday, 19th April 2024.
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate of $1 ₦1100
Selling Rate of $1 ₦1,100
How does the black market dollar-to-naira exchange rate compare to the official rate?
The official exchange rate of the US dollar to the Nigerian naira, as of today, 20th April 2024, is N1,142.38 per US dollar.
This is the rate that the CBN uses for its transactions and interventions in the foreign exchange market. The official rate is also the basis for the exchange rates of other foreign currencies, such as the euro, the pound sterling, and the Chinese yuan.
The difference between the black market rate and the official rate is called the parallel market premium. The parallel market premium indicates the degree of divergence between the official and unofficial markets and reflects the level of confidence in the naira and the CBN’s policies.
PL NOTE: We do not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
News
BREAKING: PFIPC scam: Police nab Prince Adeniyi Adeyemi
The controversial Director-General of the alleged invincible Presidential Foreign Intervention Promotion Council, PFIPC, Adeniyi Adeyemi, has been nabbed.
According to TVC, his arrest came moments after Justice Mohammed Umar of the Federal High Court in Abuja issued a warrant for his arrest.
Adeyemi was billed to take his plea on an eight-count charge marked FHC/ABJ/CR/562/2025, relating to forgery, fraud, and impersonation.
Although the matter was listed as No. 12 on the court’s cause list, the defendant failed to appear for his arraignment, even though a lawyer, Mr. Genesis Francis, announced his appearance on his behalf.
Details shortly….
News
Tinubu Commissions Bwari Water Project, Pledges Clean Water for All FCT Satellite Towns(Photos)
President Bola Ahmed Tinubu on Tuesday, commissioned the Bwari Township Water Supply Network Project, declaring that his administration will extend potable water to all satellite towns in the Federal Capital Territory (FCT) as part of its Renewed Hope Agenda to decentralise development and improve living conditions in underserved communities.

Represented by the First Lady, Senator Oluremi Tinubu, at the commissioning ceremony in Bwari, the President described access to clean water as a fundamental right and reaffirmed his administration’s commitment to ensuring that infrastructure development reaches every part of the nation’s capital.
“The Renewed Hope Agenda is not a slogan. It is a contract. It is a deliberate, calculated, and unyielding commitment to governance that works for the people,” Tinubu said.
He noted that previous administrations had concentrated development in Abuja’s city centre while satellite communities remained neglected, insisting that his government had resolved to change the narrative.
“For too long, the narrative of Abuja has been a tale of two cities a glittering centre surrounded by underserved communities. We said no. That era is gone. Nigeria belongs to all of us, and development must be decentralised,” he stated.

Tinubu said the newly completed 198-kilometre water pipeline network, constructed by China Geo-engineering Construction (CGC) Limited, would provide potable water to Bwari, Ushafa and surrounding communities by linking them directly to the Lower Usuma Dam treated water source.
He recalled that after reviewing the proposal submitted by the FCT Minister, Nyesom Wike, he immediately approved the project to address years of dependence on untreated boreholes and streams.
“I gave him a direct order: ‘Go out there, mobilise the best, and fix it.’ Today, we are commissioning this massive, state-of-the-art 198-kilometre water pipeline network,” the President said.

According to him, the project will improve public health by reducing waterborne diseases, eliminate the costly reliance on private boreholes and create new economic opportunities.
Tinubu disclosed that more than 1,600 direct and indirect jobs were created during the execution of the project.
He assured residents that the water expansion programme would continue across the FCT.
“Last year, it was the Lower Usuma Dam Phase II rehabilitation; last month, it was the Karu water network; today it is Bwari. Before our tenure is through, this water revolution will fully cover Kuje, Kwali, Gwagwalada and Abaji,” he pledged.
The President commended the FCT Minister for accelerating infrastructure delivery across the territory, describing him as “Mr. Project.”

“From boosting the FCT’s Internally Generated Revenue to executing 31 landmark projects simultaneously across the territory from roads to housing and now water you have proven to be a reliable champion of the Renewed Hope Agenda,” Tinubu said.
He urged residents of Bwari to protect the facility from vandalism, stressing that it was built with public funds for the benefit of the people.
Earlier, FCT Minister Barr Nyesom Wike said the project fulfilled President Tinubu’s directive that modern water infrastructure should be extended beyond Abuja’s city centre to satellite towns.
According to him, the Bwari project is the third major water intervention completed under the current administration after the rehabilitation of the Abuja city water system and the recently commissioned Karu satellite town water project.
“Since Mr. President came into office in 2023, he has provided water for the city centre, water for Karu and neighbouring communities, and today, water for Bwari. Let people know that we are not concentrating only on roads; we are making sure other sectors are also being touched,” Wike said.
The minister disclosed that the administration had now officially commissioned 50 major projects since Tinubu assumed office in May 2023 and announced plans to inaugurate another 10 projects before the commencement of election campaigns next year.
He attributed the pace of development in the FCT to the President’s unwavering support.
“You can be a minister, but without the support of the President, it is difficult to perform. Mr. President has given the FCT all the support required to change the narrative, and we will not disappoint him,” Wike added.
In her vote of thanks, the FCT Minister of State, Dr. Mariya Mahmoud, described the Bwari Water Supply Network as another milestone in the implementation of the Renewed Hope Agenda.
She said the project would improve access to safe drinking water, enhance public health and restore confidence in government while reaffirming the administration’s commitment to expanding people-centred infrastructure across the FCT.
Also speaking, Acting Executive Secretary of the Federal Capital Development Authority (FCDA), Engr. Richard Yunana Dauda, said the project, originally scheduled for completion in December, had been substantially completed ahead of schedule.
He noted that, beyond providing potable water to Bwari and neighbouring communities, the project generated significant employment opportunities during construction and would improve the health and well-being of residents through reliable access to safe drinking water.
News
Final evacuation flight with 315 Nigerians from South Africa to arrive tomorrow
315 Nigerian South African returnees are expected to arrive in the country on Wednesday, 15th July 2026, in a final evacuation move by the Federal Government.
This was revealed in a statement signed on Tuesday by the spokesperson of the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa.
The flight to be operated by AirPeace will depart South Africa at 1.30 AM with an estimated time of arrival at the Murtala Mohammed International Airport, Lagos, set at 6.30 AM.
The government had earlier conducted four evacuation flights, bringing home hundreds of Nigerians following the recent xenophobic attacks and security concerns in parts of South Africa.
The Federal Government’s evacuation consists of Nigerians who indicated interest in returning home as a result of the attacks.
The previous batch brought in a total of 40 returnees.
The Ministry of Foreign Affairs reaffirmed the Federal Government’s commitment to protecting Nigerians wherever they may be and expressed appreciation to all stakeholders involved in the evacuation exercise.
-
News24 hours agoJust in: Appeal Court halts Atiku’s presidential bid, declares Mark-led ADC congresses illegal
-
News8 hours agoSAD: UK based young Nigerian mum takes own life over mental challenges
-
News13 hours agoUnited States Lobbying Firm Offers Asylum Support To Adeniyi Adeyemi Amid PFIPC Scandal
-
News13 hours agoArmy Hands Over Rescued Oyo Teachers, Pupils To Governor Makinde
-
News24 hours agoFreed Oyo School Principal Narrates 56-Day Ordeal in the Hands of Their Kidnappers
-
Sports13 hours agoDutch Referee Rob Dieperink Dies Weeks After World Cup Removal
-
News8 hours agoOrire: Nigerian Army gives reasons why drones could not locate kidnappers
-
News24 hours agoAtiku accuses INEC of backing plot to dismantle ADC, opposition

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login