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SEE Dollar To Naira Exchange Rate For Saturday 20th April 2024

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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.

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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?

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BUSINESSBlack Market Dollar To Naira Exchange Rate For Saturday 20th April 2024Published 53 seconds ago on April 20, 2024By newsrainng

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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.

Advertisement

 

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.

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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.

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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.

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Tinubu To Hold Maiden Presidential Media Chat Tonight

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President Bola Tinubu will hold first presidential chat since assuming office on Monday night.

Accoding to a statement released by presidential spokesperson, Bayo Onanuga, the chat will be broadcast at 9 p.m. on the stations of Nigerian Television Authority (NTA) and Federal Radio Corporation of Nigeria (FRCN).

All television and radio stations are requested to hook up to the broadcast.

“The first Presidential Media Chat with President Bola Ahmed Tinubu will be broadcast at 9 p.m. on Monday, December 23, on the Nigerian Television Authority and Federal Radio Corporation of Nigeria.

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“All television and radio stations are requested to hook up to the broadcast,” the statement.

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‘Putin waiting to meet me as soon as possible’ to end Ukraine war – Trump

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The US President-elect took to the stage AmFest in Phoenix to talk about his contact with the Russian leader.

He told the crowd: “President Putin has said he want to meet with me as soon as possible.”

Trump went on to brand the war “horrible” and stated it needed to end. It is not known whether or not this meeting will take place in person. His comments at the event in the US come as Putin met with another world leader.

Putin held talks in the Kremlin today (December 22) with Slovakia’s prime minister, Robert Fico, in a rare visit to Moscow by an EU leader since Russia’s all-out invasion of Ukraine in February 2022.

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Fico arrived in Russia on a “working visit” and met with Putin one-on-one. Kremlin spokesman Dmitry Peskov told Russia’s RIA agency that the talks would focus on “the international situation” and Russian natural gas deliveries.

Visits and phone calls from European leaders to Putin have been rare since Moscow sent troops into Ukraine, although Hungary’s PM Viktor Orban visited Russia in July. Orban’s visit drew condemnation from Kyiv and European leaders.Fico’s views on Russia’s war on Ukraine differ sharply from most other European leaders. The Slovakian PM returned to power last year after his leftist party Smer (Direction) won parliamentary elections on a pro-Russia and anti-American platform. Since then, he has ended his country’s military aid for Ukraine, hit out at EU sanctions on Russia, and vowed to block Ukraine from joining NATO.

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JUST IN: Speed Darlington Granted Bail, Says Lawyer

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Stanley Alieke, the counsel for popular controversial rapper, Darlington Achakpo, aka Speed Darlington, said the singer has been granted bail after nearly a month in police custody.

Alieke disclosed this on his Instagram handle on Monday.

“Apki has been granted bail by the court,” he wrote without including much information.

The rapper was arrested on November 27 while performing at a show in Owerri, Imo State.

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His arrest was connected to an alleged abuse of Afrofusion star, Damini Ogulu popularly known as Burna Boy.

Darlington’s counsel, Deji Adeyanju also confirmed that Burna Boy was responsible for his arrest.

Darlington had taunted Burna Boy over his affiliation with the embattled United States rapper Sean ‘Diddy’ Combs who is facing multiple charges for sexual exploitation and human trafficking.

This prompted his first arrest. On his arrival, Speed Darlington swore never to back down on calling out the Grammy award winner because of his association with the embattled Diddy.

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Earlier, Darlington’s lawyer, Adeyanju said that the singer would be arraigned within 48 hours or be released on bail.

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“Our FREP application for Speed Darlington a.k.a has been granted by the court. He is to be arraigned within 48 hours or released. Issues around injustice may take time but justice will always prevail,” he wrote.

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