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Access Bank speaks on Herbert Wigwe’s death
Access Bank Plc has reacted to reports of death of its Group CEO, Herbert Wigwe, in a helicopter crash in California, USA.
Wigwe, who has been feared killed in a helicopter crash was said to be with his wife, son, and a former Group Chairman of the Nigerian Exchange Group Plc, Abimbola Ogunbanjo.
The bank in a statement posted on its X handle on Sunday said it has received numerous inquiries concerning the crash and is working with the US authorities for updates.
“We have received numerous inquiries concerning an airplane crash in the USA. Presently, we lack specific information; however, we are actively collaborating with US authorities who will furnish updates.
“Your understanding and support are valued, and we commit to keeping you informed promptly as we receive updates on the situation.”
Wigwe, his wife and others onboard the ill-fated helicopter are reported to have been en route to Boulder City, Nevada from Palm Springs, California, on Friday night when it crashed at about 10 pm, near a small town in California’s Mojave Desert.
This development has dashed the hope of many Nigerians who planned to fly to the country to watch the final match.
There has been an outcry over the high airfare to Abidjan, which is less than one hour, 30 minutes from Lagos.
Nigeria’s Air Peace, Asky and Air Côte d’Ivoire, are few of the airlines flying to Abidjan.
Checks by our correspondent revealed that a one-way ticket from the Murtala Muhammad International Airport (MMIA) costs between N890,000 to N1.2million, while a return ticket costs over N2m, depending on the airline.
Checks on the website of Asky on Saturday indicated that a one-way fare is 1,229,811 for Sunday’s flight when the final match would be played, while the same flight costs N890,000.
On Air Côte d’Ivoire, the flight was priced at $913, which is over N1.3m at N1,450 to a dollar.
Yesterday, a Professor of Law, Joy Ezeilo, a Senior Advocate of Nigeria (SAN), decried the price of flight ticket to Abidjan, saying she dreamt of watching the AFCON match live but was shocked with the price of the return ticket, which is estimated at over N2.1m.
She wrote, “I am dreaming of watching AFCON 2024 live and I enquired about flights to Abidjan to watch our Super Eagles play in the final. I believed that Ivory Coast, being so close (an hour and 35 minutes) wouldn’t cost me too much. However, my travel agent of over 20 years sent me a price quotation of N2,183,000.00, which was a huge shock. I did the math and realised that I would need to save my five months’ salary as a Professor of Law on the last professional step to buy one return ticket to a West African country.
“This is a sad reflection of our current economic realities. Please refrain from attempting to convert to US dollars, it is extremely depressing and demystifying of a full professor position. This will push the resolve of brilliant young ones we are training and mentoring to take over from us farther away from the classrooms to becoming political aspirants/election delegates.
She, however, pointed out that she had made an alternative plan which includes recharging her DSTV at N19,800, and to buy 20 litres of fuel to generate power because they didn’t have electricity during the semifinal match.
“The struggle continues! Good luck to our Super Eagles! You are in my thoughts and prayers,” she stated.
However, an aviation management consultant, Babatunde Adeniji, said with the huge demand for flight to Abidjan, the value of a seat on the route also increased.
“Demand and supply of must-watch mean that each seat becomes so much more valuable. The demand and supply principle states that because of this final match, which is coming up just once, the value of your seat has gone up. If you throw a bid now on a 120-seat aircraft for all Nigerians to bid for seats, you know some people would bid much more than this amount you are even talking about, and that’s what is happening with ticketing,” he said.
News
Just in: Ex-HoR member finally regains freedom after serving jail term in Kuje
Ex- House of Representatives member, Hon Farouk Lawan has finally regained freedom after serving his jail term at Kuje custodial.
Lawan in a statement he personally signed thanked his family and friends who supported him while serving his jail term in Kuje.
Read statement below:
“I Thank Almighty Allah – Hon Farouk Lawan
Alhamdulillah
Alhamdulillah
Alhamdulillah
“Today marks the beginning of a new chapter in my life as I step out of Kuje Custodial Centre, with a heart full of gratitude to Allah SWT for seeing me through this trial.
“My gratitude is deep, I’m alive and in good health and high spirits to be with my family, friends and associates. I don’t take that for granted.
“I remain grateful and indebted to my family and friends who stood by me through this particularly trying phase of my life.
“May Allah SWT bless you🙏
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Reps Displeased With Nigerian Navy Over Arbitrary Purchase of Foreign Platforms, Seaman Abbas’ Dismissal
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SEE Black Market Dollar To Naira Exchange Rate Today, October 22
See Exchange Rate As Naira Gains 0.07%
Black Market Dollar To Naira Exchange Rate Today, October 22 2024 Can Be Accessed Below.
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 for dollars in the market. While you can currently purchase one dollar at a certain rate, it’s important to remember that the rate can shift (either upwards or downwards) within hours.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1715 and sell at N1725 on Monday 21st October 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1715
Selling Rate N1725
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1651
Selling Rate N1652
Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.
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