Latest News
Keep Track Of Your Currency: Naira To Dollar Black Market Rate On September 11, 2023

Keep Track Of Your Currency: Naira To Dollar Black Market Rate On September 11, 2023....KINDLY READ THE FULL STORY HERE▶
What is the current exchange rate between the US Dollar and the Nigerian Naira in the unofficial market, commonly referred to as the black market or Aboki FX? Find the black market exchange rate for the Dollar to Naira on the 10th of September below. You can utilize these rates for converting your Dollars to Naira.
Read Also Whitemoney Opens Up About His Relationship Struggles In BBNaija All Stars House
What is the Dollar to Naira rate today in the black market? Here’s the current exchange rate for the US Dollar to Naira in the black market, as per Aboki dollar rates:
At the Lagos Parallel Market (Black Market), traders are buying the US Dollar for N920 and selling it for N925 on Sunday, the 10th of September 2023, based on information obtained from Bureau De Change (BDC) sources.
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market (black market) for foreign exchange transactions. Instead, the CBN instructs individuals seeking to engage in forex activities to approach their respective banks.
Today’s Black Market Exchange Rate for the US Dollar to the Nigerian Naira
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | N920 |
Selling Rate | N925 |
Please be aware that the rates at which you purchase or sell foreign exchange may differ from the figures presented in this article due to market fluctuations.
Nigeria’s Trade Deficit Hits N5.7 Trillion In Q2 2023
The Foreign Trade Statistics report reveals that Nigeria recorded a trade deficit of N5.7 trillion in the second quarter of 2023. According to the report published by the National Bureau of Statistics (NBS) on Thursday, Nigeria’s total trade volume amounted to N12.7 trillion, with total exports valued at N7 trillion and total imports standing at N5.7 trillion.
In the meantime, Nigeria has generated N3.48 trillion in revenue from Value Added Tax (VAT) and Company Income Tax (CIT) in the first half of 2023 (H1’23). According to data from the National Bureau of Statistics (NBS), this figure represents a 17 percent year-on-year increase from N2.97 trillion in the corresponding period of 2022 (H1’22).
The VAT revenue amounted to N1.49 trillion in H1’23, marking a 25 percent year-on-year rise from N1.19 trillion in H1’22.
Latest News
Governor Okpebholo Dethrones Three Traditional Rulers in Bold Leadership Move

Governor Monday Okpebholo of Edo State has revoked the appointments of three traditional rulers across various local government areas of the state, citing legal irregularities and governance concerns. The affected monarchs include Alhaji Umoru Inusa Umoru (Aidenogie of South Ibie, Etsako West), Lukman Akemokue (Okuokpellagbe of Okpella, Etsako East), and Dr. George Oshiapi Egabor (Okumagbe of Uwano Kingdom, Agenebode, Etsako East).....KINDLY READ THE FULL STORY HERE▶
According to a statement by the Secretary to the State Government, Umar Musa Ikhilor, the decision was reached during the State Executive Council meeting held on Wednesday. The administration emphasized that the appointments—particularly those made in 2024 by the previous administration led by Governor Godwin Obaseki—did not follow appropriate customary or legal processes.
Governor Okpebholo reinstated Alhaji Aliyu Kelvin Danesi as the legitimate Aidenogie of South Ibie, stating that the position was never lawfully declared vacant before the earlier replacement.
Regarding the throne of Okpella, the governor highlighted that Akemokue’s appointment contravened the Bendel State Legal Notice No. 132 of 1979, which outlines succession procedures for the Okuokpellagbe title. The state has now begun the formal process to select a new, legally recognized traditional ruler for the community.
Dr. Egabor’s removal as Okumagbe of Uwano Kingdom was also confirmed, with the state linking his dethronement to ongoing insecurity in the area, including kidnappings and killings. His suspension had previously been announced pending investigations into the breakdown of order under his reign.
Governor Okpebholo called on residents of the affected communities to remain calm and law-abiding, assuring that all actions taken are in line with existing laws and the state government’s commitment to maintaining peace, unity, and progress in Edo.
Latest News
Fubara Reportedly Prostrated Before Wike in Tense Reconciliation Meeting

Suspended Rivers State Governor, Siminalayi Fubara, recently met with Minister of the Federal Capital Territory, Nyesom Wike, in a bid to ease the escalating political tensions in the state. According to credible sources, the meeting, held at Wike’s Abuja residence, was aimed at brokering peace between the two politicians whose ongoing feud triggered a presidential declaration of emergency in Rivers.....KINDLY READ THE FULL STORY HERE▶
Sources revealed that Fubara was accompanied by Ogun State Governor Dapo Abiodun and former Ogun State Governor Olusegun Osoba. During the meeting, which reportedly extended from the evening of Friday, April 18, into the early hours of the next day, Fubara was said to have physically prostrated before Wike, holding his legs while referring to him as “my oga,” a Yoruba term denoting deep respect or submission.
While no official statement has been released detailing the outcome of the meeting, insiders claim Fubara was advised to return to Rivers State and directly address his supporters, particularly elder statesmen, to clarify his side of the political fallout with his predecessor.
When contacted, Lere Olayinka, spokesperson for Wike, confirmed the meeting but refrained from sharing details, stating he wasn’t privy to the discussion. Meanwhile, Fubara’s media aide redirected inquiries to the Commissioner for Information, Joseph Johnson, who did not respond to calls at the time of reporting.
Latest News
EFCC Declares Elie Bitar Wanted Over $1 Billion CBEX Crypto Fraud

The Economic and Financial Crimes Commission (EFCC) has declared Elie Bitar wanted over his alleged involvement in the large-scale fraud tied to the now-defunct Crypto Bridge Exchange (CBEX).....KINDLY READ THE FULL STORY HERE▶
According to a statement released on Wednesday by EFCC’s Head of Media and Publicity, Dele Oyewale, Bitar is being sought in connection with fraudulent activities conducted through the CBEX platform, which is under investigation for scamming investors out of substantial sums, reportedly exceeding $1 billion.
Bitar, 41, was last traced to George Enemoh Crescent in Lekki Phase 1, Lagos. The EFCC has appealed to the public for credible information on his whereabouts, urging anyone with relevant details to report to the nearest EFCC office.
This development follows a previous announcement by the commission in which four other individuals—Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun—were declared wanted in relation to the CBEX case.
In a related turn of events, Adefowora Abiodun, one of the suspects earlier declared wanted, has voluntarily surrendered to the EFCC. Accompanied by his legal representatives and relatives, he appeared at the commission’s headquarters in Abuja to cooperate with the ongoing probe.
The EFCC’s investigation into the CBEX platform marks part of a broader initiative to unravel the extensive financial fraud that has left countless investors in distress.
-
latest1 year ago
Edo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
latest1 year ago
Olumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
latest1 year ago
FG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
entertainment1 year ago
Love Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
Politics1 year ago
Nigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest1 year ago
5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
-
Politics1 year ago
BREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
Crime1 year ago
Special Forces Capture Suspected Kidnapper In Ekiti State