News
SEE Black Market Dollar To Naira Exchange Rate Today Tuesday 11 June 2024

By Kayode Sanni-Arewa
Market Dollar To Naira Exchange Rate Today Tuesday 11 June 2024 Can Be Accessed Below.
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.
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?
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 N1480 and sell at N1485 on Monday 10th June 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 N1480
Selling Rate N1485
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN)
CBN Rate Today
Buying Rate N1447
Selling Rate N1448
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, 11 June 2024, is N1500 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.
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
News
Benue LG chairman gives Fulanis 48hrs to leave all farmlands

The chairman of Agatu Local Government Area in Benue State, James Melvin Ejeh, has given Fulani herdsmen a 48-hour notice to leave all agricultural lands.
This announcement was made during a stakeholders’ meeting on Saturday, April 26, 2025, at the council secretariat in Obagaji.
The meeting included traditional leaders, representatives from the Fulani community, youth leaders, and security personnel to discuss the increasing concerns regarding herders’ activities on farmland as the planting season nears.
The Chief Press Secretary to the Agatu LGA Chairman, Obochi Solomon, reported that Ejeh highlighted the importance of safeguarding agricultural activities in Agatu in light of the upcoming planting season.
He remarked that agriculture is essential to the local economy and that farmers should have unhindered access to their lands.
Ejeh also acknowledged the current peace in the region but reiterated that maintaining uninterrupted farming activities is of utmost importance.
“Our farmers must cultivate without disruption. We will do everything necessary to create a safe environment for them,” he said.
The statement further disclosed that during the meeting, the Ado of the Fulani requested a one-week extension to allow the herders to prepare for their relocation, a request that the council approved.
The CPS noted that the General Youth Chairman of Agatu LGA, Oloche Silas, committed on behalf of the Agatu youth to support the peaceful evacuation process and to avoid any acts of violence.
Security personnel, including members of the Nigeria Police Force and the Department of State Services (DSS), were reported to have praised the peaceful resolution of the issue and promised to offer necessary assistance during the relocation.
Additionally, representing the Och’Agatu, Chief John Agidani, spoke at the meeting, commending the leadership of the Council Chairman and urging all parties to adhere to the agreement.
News
Five suspected kidnappers eliminated by police in Delta

Five alleged kidnappers have reportedly died after a fierce gun battle with operatives of the CP-Special Assignment Team.
The suspects were confirmed dead in a hospital they were rushed to for medical attention.
Delta State Police Public Relations Officer, SP Bright Edafe who confirmed the development in a statement, stated that the incident occurred on 21st April 2025.
The police image maker disclosed that operatives of the CP-Special Assignment team, acting on intelligence relating to kidnapping in Ubuluku, Isseluku, Issele-Asagba, and environs by one Bello Abubakar and his gang members, stormed one of their hideouts in Agu-Amawbia forest, Anambra State.
SP Edafe pointed out that during the raid of the suspects hideout in the forest, the operatives recovered one AK-47 rifle and one hundred and thirty-two rounds of live ammunition.
He further said the investigation was extended to another of their hideouts in a forest between Issele-Asagba and Utulu, where the said Bello Abubakar and his gang members were waiting in ambush.
According to the police image maker, the suspected kidnappers attacked the policemen in a fierce gun battle, but the team, who were aware of the battle ahead, reciprocated in like manner.
SP Edafe added that the manhunt for other injured fleeing suspects is ongoing.
News
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