Connect with us

Latest News

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

Published

on

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.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published.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

Latest News

‘It Belongs To Babangida’ – Survivor Links Ex-Military Ruler To Controversial Niger Mining Site

Published

on

A survivor of the incident involving the deaths of suspected illegal miners in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State has claimed that the mining site belongs to former military Head of State, General Ibrahim Badamasi Babangida (IBB).....KINDLY READ THE FULL STORY HERE▶

  • The Allegation: The survivor, Malam Babawo Tudun Nasera—whose 17-year-old brother Salim was among the deceased—stated in a video that authorities wanted the miners to halt operations, but they continued working based on instructions allegedly given by Babangida.

  • The Arrest and Detention: Nasera explained that the miners went to the site to earn a living to feed their families before NSCDC personnel arrested them and held them in custody for three days, allegedly refusing release efforts.

  • Suspicious Circumstances: Raising questions about the sudden deaths, Nasera noted that the detainees had eaten well the day before, speculating that heat exposure or some form of administered substance may have been involved.

  • Lack of Verification: It remains unverified whether Babangida personally owns the operation, holds a mining license, or owns the land, as the NSCDC maintains that the miners were operating illegally.

Continue Reading

latest

Saliu Mustapha: The Game Changer Tinubu Needs in Kwara

Published

on

....KINDLY READ THE FULL STORY HERE▶

He brings more than a party membership card—he brings people, structure, credibility and a proven record of empowerment.

With 109,823 votes secured in 2023 and deep grassroots goodwill across Kwara Central, Senator Saliu Mustapha represents the kind of independent electoral strength President Bola Ahmed Tinubu needs within the Rainbow Coalition.

His mission is clear: Tinubu for a second term—and Saliu Mustapha for another term representing Kwara Central.

 

Continue Reading

Latest News

TITHING WARS: Woman Demands Urgent Refund Of N1.64m Sent To Pastor Jerry Eze’s Church!

Published

on

A participant of Pastor Jerry Eze’s popular online prayer broadcast, New Season Prophetic Prayers and Declarations (NSPPD), named Sandra Okpara, has taken to social media to appeal for help in recovering a mistaken bank transfer.....KINDLY READ THE FULL STORY HERE▶

In a viral video detailing the incident, Sandra explained that hours after participating in the morning service, taking communion, and paying her regular offering, she attempted to fund a voucher purchase by transferring N1,640,200 to her personal Zenith Bank account. Instead, the heavy sum was erroneously sent to the church account.

Making a public appeal to anyone with contacts at Streams of Joy International, the single mother of two stressed that the funds do not belong to her and that the rightful owners have already begun demanding the money.

Continue Reading

Trending