Connect with us

News

SEE Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

Published

on

By Kayode Sanni-Arewa

The exchange rate for the U.S. dollar to the Nigerian naira in the Lagos parallel market (black market) shows that traders are buying at ₦1,595 per dollar and selling at ₦1,610 per dollar on Sunday, March 17, 2025, according to Bureau De Change (BDC) sources.

Important Notice:
The Central Bank of Nigeria (CBN) does not officially recognize the black market and has advised individuals and businesses to conduct foreign exchange transactions through authorized financial institutions, such as commercial banks.

Dollar to Naira Exchange Rates Today – Black Market

Advertisement

USD to NGN Black Market Rate

Buying Rate ₦1,595

Selling Rate ₦1,610

CBN Official Exchange Rate for Dollar to Naira

Advertisement

USD to NGN CBN Rate Today

Highest Rate ₦1,548

Lowest Rate ₦1,480

Foreign exchange rates fluctuate based on market conditions, location, and negotiation power. The rates listed here are estimates, and actual prices may vary when exchanging currency. Always verify with your forex dealer before making transactions.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.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

News

UPDATED: Rivers Assembly accuses Governor Fubara, Deputy of gross misconduct in official notice

Published

on

By Francesca Hangeior

The Rivers State House of Assembly has served a notice of alleged misconduct against Governor Siminalayi Fubara and his deputy, Ngozi Odu.

This development is coming amid heightened political tensions between the House of Assembly and Governor Fubara.

The notice reads; “In compliance with Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other extant laws, we the undersigned members of the Rivers State House of Assembly hereby forward to you a Notice of Gross Misconduct by the Deputy Governor of Rivers State in the performance of the functions of her office.”

Advertisement

It could be recalled that despite Governor Fubara’s renewed effort to present the 2025 budget in line with Supreme Court directives, the Rivers State House of Assembly, led by Speaker Martin Amaewhule, adjourned its plenary indefinitely.

The decision was made during a plenary session held at the Assembly quarters in Port Harcourt on Friday.

The move came just 24 hours after Fubara wrote to the Assembly requesting a new date for the presentation of the 2025 appropriation bill.

In a personally signed letter dated March 13, Fubara proposed Wednesday or any other convenient date in March for the budget presentation.

Advertisement

He stated that this was the second notice sent to the lawmakers regarding the budget presentation, emphasising that his actions were in compliance with the Supreme Court judgment of February 28, which mandated the budget’s presentation to the Assembly.

In his letter, the governor reminded the Assembly of the events of March 12, when he and his entourage were locked out of the legislative complex despite prior notice of his visit.

He urged lawmakers to put the state’s interests above political differences.

“You may recall my failed visit to the Rivers State House of Assembly on Wednesday, 12th March 2025, for the presentation of the 2025 Rivers State Budget in compliance with the judgment of the Supreme Court of Nigeria,” Fubara wrote.

Advertisement

Earlier, a dramatic scene at the Assembly complex on March 12, when Governor Fubara was locked out upon arrival.

Security personnel at the complex shut the gates as the governor’s convoy approached, citing a lack of official communication between him and the Assembly leadership.

However, Fubara maintained that he had formally informed Speaker Amaewhule of his visit through a letter and had also attempted to reach him by phone.

Meanwhile, the Secretary to the State Government, Tammy Danagogo, in a letter dated March 7, 2025, had requested a meeting with lawmakers on March 10 to discuss the re-presentation of the 2025 budget and initiate a peace dialogue.

Advertisement

The incident at the Assembly complex adds to growing political uncertainty in the state, as stakeholders await further developments.

President Bola Tinubu had urged leaders of the Pan Niger Delta Forum (PANDEF) to ensure that Governor Fubara complied with the Supreme Court ruling on the political crisis in the state.

Tinubu made the remarks during a recent closed-door meeting with PANDEF leaders at the Presidential Villa in Abuja.

“I got your signal and I got your concerns, particularly concerning Rivers State. I have been on it for quite some time. I foresaw this crisis long before I stepped in. We reached an agreement—a written agreement—which both parties signed,” Tinubu said.

Advertisement

“It is sad we find ourselves in this situation today. This is a nation with a rule of law. I should not be the President of the Federal Republic of Nigeria if there is no rule of law.”

“I have total confidence in our judiciary. Now, the Supreme Court has spoken—that is it. Please go back home and help him (Governor Fubara) to implement those recommendations within the shortest possible time,” he added.

The president also revealed that he had intervened in the crisis both privately and publicly, offering counsel to Fubara on the best way forward.

Advertisement
Continue Reading

News

Rivers assembly accuses Fubara, deputy of misconduct, issues notice

Published

on

By Francesca Hangeior

The Rivers State House of Assembly has issued a notice accusing the state governor, Siminalayi Fubara and his deputy, Ngozi Odu, of alleged misconduct.

The lawmakers justified their actions based on the Nigerian Constitution, according to the notice obtained by Channels Television.

The notice read, “In compliance with Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other extant laws, we the undersigned members of the Rivers State House of Assembly hereby forward to you a Notice of Gross Misconduct by the Deputy Governor of Rivers State in the performance of the functions of her office.”

Advertisement
Continue Reading

News

Sowore accompanies Lagos corper to NYSC office over viral video controversy

Published

on

By Francesca Hangeior

Human rights activist and presidential candidate in the 2023 general election, Omoyele Sowore, has thrown his support behind Ushie Rita Uguamaye, also known as Raye, the National Youth Service Corps member facing backlash over her viral video criticising President Bola Tinubu’s administration.

Sowore, in a video shared on X on Monday, revealed that he had met with Uguamaye in Lagos and would be accompanying her to the NYSC Local Government Inspector’s office alongside a team of attorneys.

“The journey with youth Corper, Ushie Rita Uguamaye, has commenced in Lagos.

Advertisement

“She is scheduled to appear before the LGI (Local Government Inspector) today and we will escort her to their offices. We are all en route with attorneys,” Sowore captioned the video.

The corps member had recently gone viral after posting a video on TikTok where she lamented the country’s worsening economic conditions and openly criticised Tinubu’s leadership.

She later alleged that she had received threats over her comments, sparking widespread debate on free speech and political dissent in Nigeria.

She also shared a screenshot of an invitation from the NYSC, summoning her to appear before the LGI office at Eti Osa 3 on Monday at 10:00 a.m

Advertisement

Sowore’s involvement has further amplified the situation, drawing more attention to Uguamaye’s case and the potential repercussions she may face from the NYSC or other authorities.

As of now, there has been no official statement from the NYSC regarding the matter.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News