Connect with us

News

SEE Black Market Dollar To Naira Exchange Rate Today – May 14, 2024

Published

on

By Kayode Sanni-Arewa

The Dollar to Naira in the black market, also known as the parallel market (Aboki fx).

 Below, you’ll see the black market Dollar to Naira exchange rate for May 13th. You can exchange your dollar for Naira at these rates.

Dollar to Naira Exchange Rate Today Black Market (Aboki Dollar Rate):
At the Lagos Parallel Market (Black Market), individuals are buying a dollar for N1500 and selling at N1515 on Monday, May 13th, 2024, according to sources at Bureau De Change (BDC).

Advertisement

Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and directs individuals interested in Forex transactions to approach their respective banks.

Today’s Dollar to Naira Black Market Rate:

Dollar to Naira (USD to NGN)

Black Market Exchange Rate Today

Advertisement

Buying Rate: N1500

Selling Rate: N1515

Today’s Dollar to Naira CBN Rate:

Dollar to Naira (USD to NGN)

Advertisement

CBN Rate Today

Buying Rate: N1456

Selling Rate: N1457

Keep in mind that the rates for buying or selling forex may differ from those mentioned in this article due to price variations.

Advertisement

Additionally, in a separate report, the cost of staple food items in Nigeria, such as rice, garri, yam, and beans, has surged by over 100 percent annually, causing significant financial strain on households nationwide. This increase is reflected in the latest Selected Food Price Watch for March 2024 released by the National Bureau of Statistics (NBS), indicating sharp rises in food prices amidst escalating inflation rates. For instance, the average price of 1kg of locally sold rice increased by 152.93 percent year-on-year from March 2023 to March 2024, reaching N1,340.74. Similarly, the price of 1kg of white garri rose by 112.34 percent year-on-year during the same period, reaching N749.89.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Retired 85-year-old Col bags P.hd

Published

on

A retired Colonel of the Nigerian Army, Bolaji Titilola Onafowokan, aged 85, is among the first set of doctoral degree students produced by the Tai Solarin University of Education, TASUED, Ijagun, Ijebu Ode, Ogun State.

The Vice Chancellor, Prof. Oluwole Banjo, disclosed this at the weekend, while briefing the press on activities to mark the 16th convocation ceremony of the university.

He said the first set of PhD holders to be produced by the institution totalled 67.

“I am happy to inform you that the university will, at this 16th convocation ceremony, graduate its first set of doctoral degree holders.

Advertisement

“They are 67 in number and the list included a retired Army Colonel, Bolaji Titilola Onafowokan, who is 85 years old. And he is getting his PhD in Educational Technology.

“I salute his courage and doggedness to pursue this dream of his. Even younger ones shy away from this kind of task.

27 First Class
“Also, out of the 4,140 graduating students, 27 have first class. We are also graduating 4 M.Phil, 275 Master’s degree and our best graduating student is Adedeji A. Adedamola with CGPA of 4.91.

“We are also giving honorary degrees to four distinguished Nigerians namely: Dr Taiwo Olayinka Afolabi, Prince Oluyemisi Adedoyin Shyllon, Otunba Jaiyeola Wasiu and Engineer Jubril Dotun Sanusi,” he stated.

Advertisement

Prof. Banjo, who is winding down his tenure as the VC of the first university of education in Nigeria, added that some projects would be inaugurated by the Visitor, Governor Dapo Abiodun.
“We are happy to say that within the last one year, we have done some projects to add to what we have on ground. We have expanded the Medical Centre and the fund used was from our internally generated revenue.

“We are also weaning ourselves of epileptic power supply as we have our own Independent Power Project. It is 800 kva which can be scaled up.

“Even as it is, it is enough for our needs. It is less expensive than what we pay monthly as electricity bills to the power firm serving this area,” he said.

The VC also disclosed that the Minister of Communication, Innovation and Digital Economy, Dr Bosun Tijani, would deliver the convocation lecture titled, “From classroom to cloud: Leveraging digital literacy for national development.”

Advertisement

Vanguard News

Continue Reading

News

OSUN: Adeleke Celebrates 2nd Anniversary With Novelty Match Between Lawmakers And Executives

Published

on

Governor of Osun State, Senator Ademola Adeleke celebrated his administration’s Second Anniversary with a Novelty Match between the Osun State House of Assembly Members and the Cabinet members otherwise known as the Executives at the Ataoja School of Science on Saturday, November 23, 2024.

This match was Day (2) of the activities lined up for the second anniversary celebrations.

The match that ended 1-0 in favour of the Executive was full of excitements and funs.

Adeleke who presented the Cup to the winner attributed the success of his administration to the dedication, commitment and loyalty of members of his cabinet, the lawmakers, the Judiciary, the Civil Servants and all the residents of the State who showed their love for his administration.

Advertisement

He took a swipe at the opposition on the confusion in their camp, as they are asking among themselves on how Adeleke has been able to manage the affairs of his administration with massive infrastructural developments and good governance in two years, what they could not do in four years.

He said he was able to achieve in two years what others could not achieve in four years due to the fact that God is with him, “whoever traded with God will never suffer any loss, that is the secret of our success.”

“We have been able to reach this milestone without borrowing because we made the people the centre of our focus. When there is no way, there is always a way through God. We will not relent, from November 26, 2024 we will start commissioning our projects across the state.”

He added that on assumption of office Osogbo was dark but when I came in there was light everywhere.

Advertisement

“The only thing we can do to Osun electorates and the residents is to give them the dividend of democracy and that is what we are doing now.”

The program continues on Sunday, November 24, 2024 with Thanksgiving Service at the C&S, Oke-Gada, Ede from 10.00am prompt.

Continue Reading

News

HoR to Lead March, Launch Initiatives Against Gender-Based Violence

Published

on

By Gloria Ikibah

As part of the annual 16 Days of Activism Against Gender-Based Violence, the House of Representatives is set to lead a historic march on Monday, November 25, 2024, in a bold effort to tackle gender-based violence (GBV) in the country.

The march, which begins at 8:00 AM, will see over 1,000 participants, including lawmakers and members of the public walk from the National Assembly to the Nigeria Police Force Headquarters in Abuja. The event will culminate in the submission of a petition to the Inspector General of Police, demanding decisive action against GBV and greater protection for vulnerable groups.

Speaking about the initiative, the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, PhD., GCON, said, “This march and the activities that follow are not mere gestures but a reflection of our determination to confront gender-based violence head-on. We are committed to building a society where justice, equality, and safety prevail for all Nigerians.”

Advertisement

In a statement by the House Spokesperson, Rep. Akin Rotimi on Saturday in Abuja, he said, “The 10th House of Representatives has reaffirmed its commitment to systemic reforms, collaboration, and accountability in the fight against gender-based violence.

“In addition to the march, the House has outlined key activities in alignment with its Legislative Agenda (2023–2027) to sustain awareness and action throughout the campaign period.

Sash Demonstration Ceremony – Tuesday, November 26, 2024

“Convergence of State Assembly Speakers – Monday, December 9, 2024. A strategic meeting at the Transcorp Hilton, Abuja, will bring together Speakers of State Houses of Assembly to discuss legislative measures for combating GBV nationwide.

Advertisement

“National Citizens’ Summit and GBV Conference 2024 – Tuesday, December 10, 2024. The summit will focus on constitutional reforms and securing endorsements for gender equality initiatives led by the House of Representatives”.

Naijablitznews.com reports that this year’s 16 Days of Activism aims to galvanise nationwide efforts and inspire collective action to protect human rights, ensure justice, and create a safer, more equitable Nigeria.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News