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

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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.

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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.

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“We Might Lie, But Bishops Won’t”: Senator Kalu’s Audacious Claim About President Tinubu Shocks The Nation.

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  • Candid Assessment: Senator Orji Uzor Kalu has suggested that political figures often present an inaccurate picture of Nigeria’s economic and security conditions to President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶

    • Role of Clerics: Praising the Catholic bishops as the national conscience, the lawmaker noted that their counsel remains vital because they deliver unvarnished truths that politicians may withhold.

    • National Hardships: While acknowledging the genuine difficulties currently faced by citizens, Kalu defended the administration’s trajectory and expressed strong support for the bishops’ engagement with the presidency.

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Unprecedented Shakeup: 40-Year-Old Segun Aina Stuns The Nation As New JAMB Boss.

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Professor Segun Aina, a computer engineering scholar, has officially stepped into his role as the new Registrar for the Joint Admissions and Matriculation Board (JAMB).....KINDLY READ THE FULL STORY HERE▶

Taking over leadership at the JAMB headquarters in Bwari, Abuja, Aina succeeds Professor Ishaq Oloyede, whose 10-year, two-term tenure concluded on July 31, 2026. Initially approved by President Bola Tinubu on May 21 when Aina was 39, this appointment marks him as the youngest individual ever to lead the examination body.

When the appointment was first announced, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, highlighted Aina’s deep background in digital infrastructure, public-sector reforms, and national examination systems, noting his historic milestone as one of Nigeria’s youngest computer engineering professors.

In his inaugural address, Aina acknowledged the foundation laid by his predecessor—who is widely credited with modernizing the Unified Tertiary Matriculation Examination (UTME)—and vowed to expand on those achievements. Emphasizing a strong stance against malpractice, he warned wrongdoers that their illicit activities have no place at JAMB, promising to ramp up modern technological investments and deepen partnerships with security agencies to safeguard the integrity of the admissions process.

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TERROR IN OYO: Governor Makinde Launches Full-Scale Investigation Into Shocking School Kidnapping!.

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  • The Commission: Oyo State Governor Seyi Makinde established a Judicial Commission of Inquiry to probe the kidnapping of students and teachers from the Esinele and Yawota communities in the Oriire Local Government Area.....KINDLY READ THE FULL STORY HERE▶

    • Meeting at the Villa: President Bola Tinubu met with the Olubadan of Ibadan, Oba Rasheed Ladoja, at the Presidential Villa in Abuja to address the successful rescue of the Oriire captives.

    • No Ransom Policy: President Tinubu emphasized that the government declined to pay a ransom because security forces had mapped out the abductors’ forest stronghold.

    • Military Expansion: To improve response times against terrorism and banditry, the administration is expanding the military from 8 divisions to 12 and setting up additional formations.

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