News
SEE Current Exchange Rate: U.S. Dollar to Nigerian Naira (Black Market & CBN Rates)
As of February 1, 2025, the exchange rate for the U.S. dollar to the Nigerian naira in the parallel (black) market is as follows:
Buying Rate: ₦1,605 per USD
Selling Rate: ₦1,615 per USD
These rates may differ slightly depending on location and specific forex dealers. Reports from January 31, 2025, indicated a buying price of ₦1,610 and a selling price of ₦1,620 in some markets.
CBN Exchange Rate
The Central Bank of Nigeria (CBN) has a different rate for official transactions:
Highest Rate: ₦1,517 per USD
Lowest Rate: ₦1,490 per USD
Important Notes
The CBN does not recognize the black market and advises individuals to use official banking channels for foreign exchange transactions.
Exchange rates fluctuate frequently, so it is advisable to check with reliable sources before making any transactions.
News
Bauchi Commissioner Zaki, Confirms Custody of Alleged Abducted Child
…as rights lawyer say he took law into his hands
By Gloria Ikibah
The Bauchi State Commissioner for Water Resources, Abdulrazak Zaki, has confirmed that the child he was accused of abducting is in his custody.
While speaking to journalists in Bauchi on Saturday, Zaki admitted that his son and policemen attached to him took the child from her school two weeks ago.
His ex-wife, Ikilima Soro, had earlier petitioned the Inspector General of Police, claiming her child was taken on January 20, 2025, and alleged that masked policemen intercepted the school bus, took the child by force, and drove off in a car with covered license plates.
In response, Zaki stated that Governor Bala Mohammed and the Commissioner of Police Bauchi State, Auwal Mohammed, supported his actions, which he said were based on a Sharia court ruling granting him custody.
However, the Bauchi State High Court had ordered all parties to maintain the status quo until the Sharia Court of Appeal ruled on the matter. Despite this, Zaki admitted to enrolling the 8-year-old child in a boarding school in Gombe State, in defiance of the high court’s ruling, which had granted temporary custody to the mother.
Reacting to the situation, human rights lawyer and public interest attorney, Marshall Abubakar criticized the Commissioner’s action, and said that he took the law into his own hands. He also pointed out that the Terrorism Prevention Act 2010 criminalizes forcefully seizing a person or intercepting transportation.
Abubakar further stressed that the Bauchi State High Court has superior jurisdiction over the Sharia court, meaning its ruling should take precedence.
News
Abuja’s Nightlife Boss, Kicks Off 2025 with Exclusive All-White Party
By Gloria Ikibah
Abuja’s entertainment scene witnessed a dazzling start to 2025 as nightlife entrepreneur Adewumi Segun Gabriels, better known as Theapilifestyle, hosted an exclusive All-White Party to welcome the New Year in grand style.
The event brought together some of the biggest names in entertainment, with stars like Timini Egbuson, Efetommy, Nimi Briggs, Fantana, Ilebaye, and Ice Prince gracing the occasion.
As the CEO of Tokyo Nightlife and the brain behind Apitainment and Apitix, Adewumi has been instrumental in shaping Abuja’s premium nightlife culture.
In his speech, he appreciated his supporters, business partners, and associates for their loyalty throughout 2024, and also highlighted key milestones, including The Capital Picnic, Young Jonn Live in Abuja, AWG Fest, and Rema Live in Abuja—all of which have cemented Tokyo Nightlife’s reputation as the city’s go-to luxury entertainment hub.
Hosted by the ever-energetic Chuks D’ General, the night exuded pure elegance, with guests turning up in stunning white outfits. Attendees enjoyed electrifying performances, including a special set by Ice Prince and an engaging live band session that kept the energy levels high. To top it all off, a selection of gourmet dishes added a touch of culinary excellence to the night’s festivities.
Beyond just a party, Theapilifestyle’s All-White event set the pace for an exciting year ahead, reinforcing his commitment to delivering top-tier entertainment experiences and making 2025 a year to remember for Abuja’s nightlife lovers.
News
SAD! Another air disaster in US as medical plane crashes k!lling all on board
By Kayode Sanni-Arewa
Barely 72hours after American airlines collided with military helicopter in the US, a medical transport jet carrying a child patient, her mother, and four crew members cr+shed into a Philadelphia neighborhood shortly after takeoff Friday evening, igniting a massive fir£ that engulfed several homes.
The Learjet 55, operated by Jet Rescue Air Ambulance, exploded upon impact, sending a fireball into the sky. Officials have not confirmed any survivors or reported whether there were casualties on the ground. All six passengers were from Mexico, and the child was returning home after receiving treatment in Philadelphia.
Pennsylvania Governor Josh Shapiro described the cr+sh as an “awful aviation disaster” and said fatalities were expected.
The plane took off at 6:06 p.m. from Northeast Philadelphia Airport, disappearing from radar minutes later at 1,600 feet (487 meters). A doorbell camera captured the moment it plummeted and exploded near Roosevelt Mall in the Rhawnhurst neighborhood.
Witnesses described a deafening roar followed by an orange fireball and thick black smoke.
Jet Rescue, based in Mexico, provides global air ambulance services and previously transported baseball legend David Ortiz after he was shot in the Dominican Republic. This marks the company’s second fatal cr+sh in 15 months; in 2023, five crew members d+ed when one of its planes cr+shed in Mexico.
The cr+sh came just days after another deadly U.S. aviation acc+dent, when an American Airlines jet and an Army helicopter collided over Washington, D.C., k+lling all on board.
The FAA and National Transportation Safety Board (NTSB) are investigating, with officials set to arrive at the crash site Saturday.
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