By Kayode Sanni-Arewa

Lewis Hamilton made his critics eat their words as he carried out one of his best moves to bring his critics back down to earth, making them reassess their opinions in the Chinese Grand Prix sprint race, marking his first win with Ferrari.

The 40-year-old Briton expertly managed his tires to control the race from start to finish, fending off a challenge from Red Bull’s Max Verstappen.

Verstappen’s early push was thumped by Hamilton’s masterful driving, and he eventually fell prey to McLaren’s Oscar Piastri, who executed a clinical pass on lap 14 to claim second place.

Hamilton’s victory was a stark contrast to his disappointing Ferrari debut in Australia, where he qualified eighth and finished 10th. The seven-time champion’s victory was met with praise from his engineer, Riccardo Adami, who commended Hamilton’s “masterclass in tire management.”

“I woke up feeling great today,” Hamilton said. “The engineers and mechanics have done a great job to fine-tune the car, and it felt great today.”

Verstappen’s third-place finish saw him trim McLaren’s Lando Norris’ championship lead to just two points. Norris salvaged a point with a late pass on Lance Stroll’s Aston Martin, despite struggling with front tire grip throughout the race.

The Chinese Grand Prix sprint race set the stage for an intense battle for supremacy in the Formula 1 championship. With Hamilton’s redemption and Piastri’s impressive performance, the competition is heating up.

With such a race involving the toughest rivals of the Hamilton, yet could squeeze out a win right in their presence,this marks a promising season for Hamilton.

By Kayode Sanni-Arewa

The exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) is a significant factor that influences Nigeria’s economy. It affects businesses, importers, exporters, investors, and individuals who engage in foreign transactions. Understanding how the exchange rate fluctuates daily can help individuals and businesses make informed financial decisions.

Current Exchange Rates – March 22,
2025

The exchange rate of the US Dollar to the Nigerian Naira varies depending on whether it is an official or black market rate. Here’s the current breakdown: –

US Dollar (USD) to Nigerian Naira (NGN) Exchange Rate Market Exchange Rate

(1 USD to NGN) Official Rate (CBN Xe)
1,539.75 – 1,550
NGN Black Market Rate 1,565 – 1,580

NGN Exchange Rates for Other Major Currencies

Currency Official Rate (CBN/Xe) Black Market Rate US Dollar (USD) 1,539.75 – 1,550 NGN 1,565 – 1,580 NGN British Pound (GBP) 1,950 – 1,970 NGN 1,990 – 2,010 NGN Euro (EUR) 1,650 – 1,670 NGN 1,690 – 1,710 NGN Chinese Yuan (CNY) 213 – 218 NGN 220 – 225 NGN These rates fluctuate frequently due to market demand, inflation, and global economic conditions.

Currency Official Rate (CBN/Xe) Black Market Rate US Dollar (USD)

1,539.75 – 1,550 NGN 1,565 – 1,580

NGN British Pound

(GBP) 1,950 – 1,970 NGN 1,990 – 2,010

NGN Euro (EUR) 1,650 – 1,670 NGN 1,690 – 1,710 NGN

Chinese Yuan (CNY) 213 – 218 NGN 220 – 225 NGN

These rates fluctuate frequently due to market demand, inflation, and global economic conditions.

What’s Next for the Naira? The Naira’s future remains uncertain due to various economic and political factors. Here are some predictions: Short-term volatility is expected due to ongoing inflation and forex scarcity. Government policies aimed at stabilizing inflation and increasing foreign reserves may help improve the Naira’s value in the long run. Foreign investments could boost Nigeria’s economy, strengthening the Naira over time. If you need to exchange currency today, ensure you check both official and parallel market rates to make an informed decision.

Final Thoughts Understanding the Dollar to Naira exchange rate is essential for businesses, investors, and individuals who deal with foreign transactions. The fluctuation in the exchange rate is driven by inflation, oil prices, forex reserves, and market demand.

If you are planning to exchange foreign currency, consider using official sources and stay updated with the latest trends to make better financial decisions. Would you like daily updates on exchange rates for the Dollar, Pound, Euro, and Yuan? Let us know in the comments! Share this article with your friends and family to help them stay informed about the latest exchange rates!

By Kayode Sanni-Arewa

A Grade 1 Area Court, Lugbe, Abuja , Federal Capital Territory (FCT), has dissolved the 12-year-old marriage between a businesswoman, Maryam Shaibu and her husband, Adamu Nasiru over lack of love and care.

The judge, Aliyu Kagarko, dissolved their marriage according to Islamic Law, following Maryam’s prayer for divorce on grounds of lack of love and care.

Kagarko also ordered Maryam to observe “Iddah”, which is a three-month period of observation after the judgment before contracting another marriage.

Earlier, the petitioner, Maryam, told the court that she got married to Nasiru under Islamic law in 2013, and the union produced two children.

According to the News Agency of Nigeria (NAN), she said that Nasiru moved out of the house since October 2022, because of a little misunderstanding, thus abandoning her and their children to cater for themselves.Nigerian food

She stated that the issue had lingered for long, adding that in spite of family intervention, the situation has not changed.

We have been separated for some years now and I have been taking care of our children single-handedly.

“I am no longer interested in our marriage because there is no more love,” she told the court.

She therefore prayed the court to dissolve their union.

The respondent, however, consented to divorce.