Connect with us

latest

Black Market Dollar (USD) To Naira (NGN) Exchange Rate For May 21, 2024

Published

on

Black Market Dollar (USD) To Naira (NGN) Exchange Rate For May 21, 2024....KINDLY READ THE FULL STORY HERE▶

Dollar to Naira Exchange Rate Today

What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx)? Here are the rates for May 20, 2024. You can exchange your dollar for Naira at the following rates………CONTINUE READING

Gubernatorial Hopeful Olumide Akpata Gifts 21st Sienna To Labour Party's Edo Chapter On New Year Day

 

 

 

 

 

Today’s Dollar to Naira Exchange Rate in the Black Market

On May 20, 2024, at the Lagos Parallel Market (Black Market), players buy a dollar for N1460 and sell at N1490, according to sources at Bureau De Change (BDC).

Wike Launches New Police Stations Across FCT To Crush Kidnapping And Crime.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and advises individuals seeking foreign exchange to approach their respective banks.

“‘Obi & Kwankwaso Can Shake 2027 Elections’ – Iroegbu”.

Black Market Exchange Rate Today:

  • Buying Rate: N1460
  • Selling Rate: N1490

Official CBN Exchange Rate Today:

  • Buying Rate: N1500
  • Selling Rate: N1501
PDP Faces Internal Turmoil: Leaders And Governors Clash In Battle For Control Ahead Of 2027

Please note that the forex buying or selling rates may differ from those mentioned in this article as prices vary.

CBN Withdraws Directive on Cybersecurity Levy Collection

The Central Bank of Nigeria (CBN) has officially rescinded its directive requiring banks and payment service providers to collect and remit fees under the Cybercrime Prevention and Prohibition Amendment Act of 2024.

2027 Showdown: Arewa Chieftain Says Atiku Has No Path To Dethrone Tinubu

In a revised circular dated May 17, 2024, the CBN announced this significant policy reversal. The initial mandate, outlined in a May 6 circular, aimed to bolster national cybersecurity measures by enforcing a national cybersecurity levy from financial institutions.

The World Popular Footballer Eden Hazard Reveals His Retirement From Professional Football

Naija News reports that the revised circular, signed by the Director of Payment Systems Management, Chibuzor Efobi, and the Director of Financial Policy and Regulation, Haruna Mustafa, effectively nullifies the previous directive.

Shocking As Researchers Finds 62,000 Annual Maternal Mortality Deaths In Nigeria Yearly

Titled “Re: Cybercrimes (Prohibition, Prevention, Etc.) (Amendment) Act 2024 – Implementation Guidance on the Collection and Remittance of the National Cybersecurity Levy,” it indicates a complete withdrawal of the earlier circular and a pause in enforcing the levy collection.

Advertisement

latest

‘More Governors Will Join APC’ – Okpebholo.

Published

on

Edo State Governor, Monday Okpebholo, has expressed optimism about more opposition governors joining the ruling All Progressives Congress (APC).....KINDLY READ THE FULL STORY HERE▶

Speaking on Wednesday during the official reception of defectors in Benin City, Okpebholo highlighted that the APC now controls 31 governorships and predicted that additional governors would soon defect to the party. He also thanked President Bola Tinubu and the people of Edo State for their continued support.

Shocking As Researchers Finds 62,000 Annual Maternal Mortality Deaths In Nigeria Yearly

“Let me begin by thanking the people of Edo for the unity that binds us and strengthens our party. We now have 31 governors in the APC, and I can assure you that more are still coming. I also want to express my heartfelt gratitude to our father, President Bola Tinubu, who has been exceptionally supportive. We promise to deliver Edo State to him in the 2027 general elections,” Okpebholo said.

2027 Showdown: Arewa Chieftain Says Atiku Has No Path To Dethrone Tinubu

Meanwhile, the newly elected executive of the APC in Edo State, led by Jarrett Tenebe, has formally endorsed President Tinubu and Governor Okpebholo for second terms, citing their performance and impact.

“‘Obi & Kwankwaso Can Shake 2027 Elections’ – Iroegbu”.

The Chief Press Secretary to Governor Okpebholo, Patrick Akhere Ebojele, stated on Tuesday that the endorsement was made during the APC congress. Tenebe, in his acceptance speech, highlighted the leaders’ achievements in improving the lives of Nigerians and Edo residents.

Fubara Hails Tinubu’s Leadership, Confirms Support For 2027 Re-election Amid Ogoni Peace Drive

Tenebe also announced the endorsement of Senator representing Edo North Senatorial District, Adams Oshiomhole, for a second term in the Senate, praising his effective representation.

PDP Faces Internal Turmoil: Leaders And Governors Clash In Battle For Control Ahead Of 2027

While expressing gratitude to party supporters for their loyalty, Tenebe commended delegates for their trust in the executive team and pledged to guide the party to greater heights.

The World Popular Footballer Eden Hazard Reveals His Retirement From Professional Football

Continue Reading

latest

Shettima Tells Ministers, Agency Chiefs: Be Honest About Government Reforms.

Published

on

Vice President Kashim Shettima on Wednesday evening urged ministers, heads of ministries, departments and agencies (MDAs), and senior government officials to actively communicate the achievements of President Bola Ahmed Tinubu’s administration, with particular emphasis on the benefits and long-term impact of ongoing tax reforms.....KINDLY READ THE FULL STORY HERE▶

Shettima stressed that officials must counter misinformation about the reforms, explaining that the policies are intended to strengthen Nigeria’s economic foundation rather than harm the poor, as critics allege.

2027 Showdown: Arewa Chieftain Says Atiku Has No Path To Dethrone Tinubu

Speaking on behalf of President Tinubu at an interfaith breaking of fast for members of the Federal Executive Council (FEC) and MDA leaders at the State House, Abuja, the Vice President noted that the political season is approaching and government officials must clearly convey the administration’s policies to Nigerians.

“We are all political animals,” he said, calling on government officials to take responsibility for promoting the administration’s accomplishments.

“We must sell our government. Those spreading false narratives that tax reforms are meant to oppress the poor are mistaken. It is our duty to educate Nigerians, communicate the truth, and explain the benefits of these policies,” Shettima added.

Wike Launches New Police Stations Across FCT To Crush Kidnapping And Crime.

Illustrating the reforms’ revenue potential, he compared Nigeria with South Africa. With a population of roughly 60 million—less than a quarter of Nigeria’s estimated 247 million—South Africa generates about ₦60 trillion annually from personal income tax alone, while Nigeria collects only ₦3 trillion. Shettima said this gap highlights the immense opportunities effective tax reforms could unlock for the country.

The Ever-Popular Apple: A Look At Its Health Benefits And Culinary Versatility

He recalled that the Tinubu administration inherited a fragile economy nearly three years ago but has since implemented bold reforms yielding positive results. Quoting Abigail Adams, he emphasized that leadership and character are forged in challenging times.

“When President Tinubu took office about 1,010 days ago, our foreign reserves were just around $3 billion—not even enough to import fuel for a month,” he said, praising the President’s courage in enacting far-reaching reforms that have stabilized the economy.

Gubernatorial Hopeful Olumide Akpata Gifts 21st Sienna To Labour Party's Edo Chapter On New Year Day

Shettima commended Tinubu as a leader who studies and practices power, showing courage in making tough decisions, and acknowledged the autonomy granted to the Central Bank of Nigeria (CBN) in executing its responsibilities.

“Posterity will be kind to you,” he told the CBN governor.

According to the Vice President, the reforms have helped Nigeria reach a critical turning point. “Three years on, the economy has rebounded. We have crossed the Rubicon and are on a path to sustained growth,” he said.

Shocking As Researchers Finds 62,000 Annual Maternal Mortality Deaths In Nigeria Yearly

He also thanked the FEC members and senior officials for supporting the administration through difficult policy decisions.

“In times of tough reforms, you chose the country over comfort. You engaged constructively, provided scrutiny without sabotage, and proved that democracy works best when government institutions compete to serve the people,” Shettima said.

Emphasizing unity in governance, the Vice President warned that nations fail not due to hardship, but when distrust and suspicion dominate.

“Nations do not fracture because of hardship; they fracture when suspicion becomes the national language and the politics of ‘us vs. them’ overshadows the promise of ‘we’,” he said, noting the diverse religious, ethnic, and regional representation at the gathering as a reflection of Nigeria’s unity.

PDP Faces Internal Turmoil: Leaders And Governors Clash In Battle For Control Ahead Of 2027

Describing Nigeria as the “greatest black nation on earth,” Shettima highlighted the country’s growing population—currently about 247 million and projected to become the world’s third most populous nation by 2050—as a call for effective governance and sustainable policies.

Reflecting on the significance of the Ramadan fast, he said sharing food during the fast-breaking symbolizes humility and service in leadership.

The World Popular Footballer Eden Hazard Reveals His Retirement From Professional Football

“This table is a lesson in perspective. It strips power of arrogance and graces leadership with humility,” Shettima said, noting that President Tinubu shared the same simple meal, demonstrating that true authority lies in faithful service to the people.

“Shedding arrogance and embracing humility reminds us that governance, like fasting, must be anchored in sincerity, sacrifice, and compassion for those living far from comfort,” he added.

Continue Reading

latest

Fintiri: Adamawa Will give Tinubu 85% votes .

Published

on

Adamawa State Governor, Ahmadu Fintiri, has praised President Bola Ahmed Tinubu for setting Nigeria on a path of steady recovery and transformation. He highlighted that tangible results are emerging from bold reforms aimed at repositioning the economy.....KINDLY READ THE FULL STORY HERE▶

Speaking yesterday during a visit to APC National Chairman, Prof. Nentawe Yilwatda, and members of the National Working Committee (NWC) at the party’s National Secretariat in Abuja, Fintiri said while the administration’s decisions may be tough, they are necessary for long-term progress.

“‘Obi & Kwankwaso Can Shake 2027 Elections’ – Iroegbu”.

Reflecting on the impact of micro-economic reforms, the governor said:
“There is light at the end of the tunnel. The Renewed Hope Agenda is gaining traction across key sectors. The policies may have been tough initially, but they are yielding positive results, and the country is moving in the right direction.”

Fintiri, who recently returned to the APC along with key state lawmakers, council chairmen, and members of the State Executive Council, clarified that this is a “homecoming” rather than a defection, as he helped form the party in 2014.

Wike Launches New Police Stations Across FCT To Crush Kidnapping And Crime.

He pledged to mobilise support for President Tinubu’s re-election in Adamawa, aiming to deliver 85 percent of the state’s votes to the ruling party.
“We are fully integrated, on the ground, and working tirelessly to ensure no other candidate secures even 25 percent of the votes in the state,” he added.

Fubara Hails Tinubu’s Leadership, Confirms Support For 2027 Re-election Amid Ogoni Peace Drive

The governor also highlighted that the party has held its first stakeholders’ meeting in Adamawa, describing it as the largest political gathering in recent times. He reiterated his commitment to grassroots mobilisation to consolidate APC’s dominance in the state.

Gubernatorial Hopeful Olumide Akpata Gifts 21st Sienna To Labour Party's Edo Chapter On New Year Day

On the national stage, Yilwatda welcomed Fintiri’s return, describing it as a boost to the party’s influence. He commended the governor’s focus on development and coordination, saying it aligns with APC’s progressive ideals.
“We welcome him to where he rightfully belongs. APC is the natural home for leaders committed to reform, development, and national renewal,” Yilwatda said.

2027 Showdown: Arewa Chieftain Says Atiku Has No Path To Dethrone Tinubu

The chairman dismissed claims that APC is responsible for opposition party crises, emphasizing that democracy is competitive and that it is the opposition’s duty to organise themselves.
“Our duty is to deliver good governance and win elections based on performance,” he said, citing recent off-season electoral victories as evidence of public confidence in the party.

The Ever-Popular Apple: A Look At Its Health Benefits And Culinary Versatility

Separately, four ministers—Wale Edun (Finance & Coordinating Minister of the Economy), Atiku Bagudu (Budget & National Planning), Imaan Suleiman-Ibrahim (Women Affairs), and Hadiza Bala Usman (Special Adviser on Policy Coordination)—visited the APC secretariat. The meeting aimed to align government policies with the party’s manifesto and ensure promises made to Nigerians are implemented effectively.

Shocking As Researchers Finds 62,000 Annual Maternal Mortality Deaths In Nigeria Yearly

Fintiri’s return and the party’s mobilisation in Adamawa signal a strong drive to maintain APC’s dominance ahead of the 2027 elections.

Continue Reading

Trending

Copyright © 2023 NIVONEWS