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SEE Today Saturday, October 5, 2024 – Black Market and CBN USD to NGN
What is 1 US Dollar to Naira Today Black Market & CBN? As Many Nigerians continues to navigate economic challenges, the dollar-to-naira exchange rate remains a focal point for those engaged in foreign trade, investments, and travel.
The black market, also known as the parallel market or Aboki FX, often reflects rates different from the official Central Bank of Nigeria (CBN) rates. Today, the exchange rates offer insight into the fluctuating value of the naira. Advertisement Current Exchange 1 US Dollar to Naira Today. Dollar to Naira Black Market Exchange Rate (Parallel Market): Buying Rate: ₦1,680 Selling Rate: ₦1,685 1 US dollar to naira today CBN Official Rates:
Buying Rate: ₦1,637 Selling Rate: ₦1,640 Pounds and Euro to Naira Exchange Rates Pounds to Naira (CBN Rates): Buying Rate: ₦2,180 Selling Rate: ₦2,185 Euro to Naira (Black Market Rates):
Buying Rate: ₦1,850 Selling Rate: ₦1,856 1 US dollar to naira today for Online Exchange Platforms: Geegpay and Grey Geegpay Rates: Advertisements EUR (€): Buying at ₦1,798.03, Selling at ₦1,800.55 GBP (£): Buying at ₦2,120, Selling at ₦2,127 USD ($): Buying at ₦1,675, Selling at ₦1,680
For Grey, the USD to NGN Exchange Rates are: EUR (€): Buying at ₦1,845.03, Selling at ₦1,850 GBP (£): Buying at ₦2,102, Selling at ₦2,205 USD ($): Buying at ₦1,670, Selling at ₦1,675
News
FG endorses Bola Ahmed Tinubu Polytechnic
By Kayode Sanni-Arewa
The federal government has endorsed the establishment of the Bola Ahmed Tinubu Federal Polytechnic in Gwarinpa, Abuja.
The decision was part of the government’s drive to ensure that every state in the country had at least one federal polytechnic.
The approval of Bola Ahmed Tinubu Polytechnic was conveyed in a letter dated January 9, 2025, by the Education Minister, Dr. Tunji Alausa.
It was addressed to the Minister of the Federal Capital Territory (FCT), Nyesom Wike.
The FCT Minister’s office confirmed receipt of the letter on January 16, 2025.
In the correspondence, Dr. Alausa urged Wike to identify suitable locations in Gwarinpa for both temporary and permanent sites of the polytechnic.
A joint team from the Federal Ministry of Education and the National Board for Technical Education have been listed to inspect the proposed locations before finalizing the site selection.
The Bola Ahmed Tinubu Federal Polytechnic is expected to boost technological education, vocational training, and entrepreneurship development, aligning with the government’s commitment to enhancing technical skills and economic empowerment across Nigeria. [With GWG report]
News
NNPC Ltd says vandals responsible for Buguma wellhead fire
By Kayode Sanni-Arewa
The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal crude oil.
This unfortunate act of sabotage, which also resulted in severe damage to the well’s back pressure valve, reflects a disturbing pattern of repeated attacks on wellheads in the zone. Since March 2023, crude oil theft on this asset has been persistent, with criminals now resorting to extreme measures, including the use of dynamite to destroy installations and illegally access hydrocarbons.
NNPC Ltd remains committed to combating these fires and mitigating the financial losses associated with these criminal activities, which place a significant burden on the nation’s economy. The company is working closely with relevant security agencies to put an end to these acts of vandalism.
Additionally, NNPC Ltd reaffirms its commitment to supporting communities affected by these destructive activities and will continue to provide necessary relief efforts to mitigate the impact on those affected.
Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
20th January, 2025
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