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SEE Today’s Black Market Exchange Rate: Dollar (USD) To Naira (NGN) – January 5, 2025

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By Kayode Sanni-Arewa

What is the Dollar to Naira Exchange Rate in the Black Market (Parallel Market)?

Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.

How Much is a Dollar to Naira Today in the Black Market?

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Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.

How Much is a Dollar to Naira Today in the Black Market?

According to sources at the Bureau De Change (BDC), the exchange rate for a dollar to Naira at the Lagos Parallel Market (Black Market) is as follows:

Buying Rate: ₦1,665
Selling Rate: ₦1,670
Please note that the Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals to approach their banks for foreign exchange transactions.

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Dollar to Naira Black Market Rate Today:

Buying Rate: ₦1,665

Selling Rate: ₦1,670

Dollar to Naira CBN

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Rate Today:
Highest Rate: ₦1,540
Lowest Rate: ₦1,531

Note: Actual rates may vary depending on the transaction and location.

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Painful! Former NBC DG ,Prof Tom Adaba is dead

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By Kayode Sanni-Arewa

The ex-Director General of National Broadcasting Commission (NBC) Professor Tom Adaba is dead.

The veteran journalists died on Saturday peacefully in Abuja.

The late Adaba was born in July 2nd, 1941

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According to Chief Adinoyi Joe Anivasa JP, Secretary Egbira Elders Forum Abuja on Saturday stated as follows, “I feel sad to inform you that our elder and Leader, Prof Tom A Adaba just answered the call of nature by giving up his ghost to the Lord this morning.

“Further details about his burial arrangements would be communicated later.

“We thank God for his life. May God have mercy on his shortcomings and grant his soul eternal peaceful rest in His Heavenly Kingdom, Amen.

He was the first Nigerian (between 1988 and 1992) to be honoured as president of the African Council for Communication Education.

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LP Withdraws from Osun LG Election Over Security Issues

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By Kayode Sanni-Arewa

The Osun State chapter of the Labour Party (LP) has pulled out from the local government elections scheduled for Saturday, citing concerns over inadequate security arrangements for the polls.

Adebayo Bello, the State Chairman of LP, made the announcement on Friday in Osogbo, explaining that the party could not participate in the election due to the lack of proper security measures put in place by the Osun State Independent Electoral Commission (OSSIEC). He further called for the postponement of the election for one to two months, urging the electoral body to address the security issues and resolve any legal complications before proceeding with the poll.

Bello stated, “We believe that postponing the election will give OSSIEC enough time to ensure proper preparations and guarantee a secure environment for the voters and candidates.”

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In support of this position, one of the party’s chairmanship candidates, Oyebode Babalola, expressed deep concerns over the potential disruption of the election. Babalola emphasized that although the party was fully prepared for the election, it could not risk participating under the current security circumstances.

“We have seen troubling signs that the election might be disrupted, and we are not willing to put the lives of our supporters and citizens in danger,” Babalola explained. He echoed the call for the election to be postponed, stressing the need for sufficient security to safeguard the election process.

As the party withdraws from the election, it remains to be seen how the situation will affect the overall election planning and whether the authorities will heed the call for a postponement.

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Gov Adeleke Votes As Osun’s LG Election Begins

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By Kayode Sanni-Arewa

Governor Ademola Adeleke of Osun State has cast his vote at Unit 9, Ward 2, in Ede North Local Government Area, marking an early start to the election process at 8 a.m. on Saturday.

This comes amid growing concerns over potential unrest during the poll, which has been contentious.

Despite warnings from the Attorney General of the Federation, Lateef Fagbemi, and calls from the Nigeria Police Force for the suspension of the election due to the anticipated security challenges, the election proceeded as planned.

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The Labour Party also expressed its decision to pull out of the exercise, citing concerns over the safety of its agents.

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