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SEE Today Black Market and CBN official Exchange Markets:

By Kayode Sanni-Arewa
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market?
For many Nigerians, especially those engaged in foreign trade, travel, and investments, there is a nagging concern for the dollar-naira black market exchange rate.
The black market rate for dollars to naira, parallel or Aboki FX as some know it will most of the time give different rates from the official CBN rates. The dollar to naira exchange rate at this point was still wiggling up and down. We will discuss in this article how the rate has moved up to this current dollar to naira exchange rate today, August 27, 2024, what drives the rate, and how all these affect the economy of Nigeria. Dollar to Naira Today Black Market. Current Black Market Dollar to Naira exchange rate.
Buying Rate: N1615 Selling Rate: N1620 Official CBN Rates Buying Rate: N1603 Selling Rate: N1605 Football Result|Live Scores Pool Results and Fixtures Understanding the Dollar to Naira Black Market for Forex What is the Black Market? The black market refers to unofficial exchange channels where currencies are traded without government regulation.
This market often provides more competitive rates due to the high demand and limited supply of foreign currencies. Why Do People Use the Black Market? People turn to the black market due to:
Favorable Rates: Often higher than official rates. Accessibility: Easier to obtain foreign currency without stringent regulatory requirements. Factors Influencing Black Market Rates. Economic Policies Government decisions on interest rates, inflation control, and forex regulations by the CBN directly affect the naira’s value. Policy adjustments aimed at stabilizing the naira impact the exchange rates.
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A Chat with Janet Odio Okolo: A Mother’s Journey Raising a Child with Down Syndrome

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Hon. Nnamchi Begins Street Lights Deployment In Isi Uzo(Photos)

Honourable Paul Sunday Nnamchi, representing Enugu East/Isi Uzo Federal Constituency in the 10th House of Representatives, has fulfilled his promise to illuminate communities in Isi Uzo Local Government Area.
The lawmaker has just begun the deployment of high-density solar-powered street lights in Ikem Nkwo, marking the beginning of a massive rollout of the street lamps across the communities in Isi Uzo.
This initiative, which started in Enugu East Local Government Area in 2024, aims to support the fight against insecurity in the state which according to him was to add to what Chief Security Officer of Enugu State Barrister Peter Mba had done to secure the state to attracts foreign investments.
The lawmaker expressed concern over banditry attacks, particularly by herdsmen, in some communities within Isi Uzo and Enugu East Local Government Areas in the recent pasts.
He believes that illuminating these areas with high-density street lights would help address the insecurity adding that he was prioritizing border and farming communities in Isi Uzo, where banditry has displaced residents and restricted farming activities.
Communities in Ikem, Eha-Amufu in Isi Uzo which borders Enugu and Benue State and Ugwogo-Nike in Enugu East have been vulnerable to these attacks due to their strategic locations.
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May Day: Kalu Hails Workers, Applauds Their Role in Nation Building

By Gloria Ikibah
Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu, has extended warm wishes to Nigerian workers as the country marks the 2025 edition of International Workers’ Day.
Kalu praised workers across various sectors for their commitment and resilience, describing them as the engine that keeps the nation moving. He acknowledged their sacrifices and unrelenting drive, especially during tough economic times.
In his message, he highlighted the efforts of the current administration under President Bola Tinubu to improve the welfare of public servants. He referenced the National Assembly’s prompt backing of the new minimum wage as a sign of the government’s seriousness about workers’ wellbeing.
The Deputy Speaker appealed for continued patience and understanding from Nigerians, noting that the ongoing economic reforms, while challenging, are designed to bring long-term relief and prosperity.
Kalu also called for unity, and said the country can only overcome its present difficulties if citizens and leaders work together in good faith.
He therefore urged workers to keep the faith and remain steadfast in their duties, assuring them that brighter days are on the horizon, and wished Nigerian workers a peaceful and fulfilling May Day celebration.
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