Connect with us

latest

Naira Under Pressure! See Today’s Black Market Dollar To Naira Exchange Rate – Feb 19, 2025

Published

on

What is the Black Market (Parallel Market) Exchange Rate for USD to Naira?

Find below the latest black market exchange rate for the dollar to naira as of February 18, 2025. If you’re looking to exchange your dollars for naira, here are the prevailing rates:....KINDLY READ THE FULL STORY HERE▶

Dollar to Naira Black Market Exchange Rate Today (Aboki FX)

According to sources at the Bureau De Change (BDC), the exchange rate at the Lagos Parallel Market (Black Market) is as follows:

  • Buying Rate: ₦1,535 per $1
  • Selling Rate: ₦1,545 per $1

Important Notice:

The Central Bank of Nigeria (CBN) does not recognize the black market (parallel market) and advises individuals who wish to trade forex to use official banking channels.

Dollar to Naira CBN Exchange Rate Today

At the official CBN window, the exchange rates are:

  • Highest Rate: ₦1,515 per $1
  • Lowest Rate: ₦1,504 per $1

Please note that exchange rates may vary depending on location, demand, and negotiation at the point of transaction.

In Other News:

The National Assembly has reversed its decision on the passage of the 2025 budget bill due to errors in capital and recurrent expenditure allocations. The adjustment, made on Tuesday, aims to correct key sectoral discrepancies.

4o
Advertisement

latest

“The ‘Igbo Turn’ Debate Reaches Boiling Point As Brymo Makes Bold 2027 Presidential Demand”

Published

on

Nigerian singer Brymo has publicly advocated for an Igbo presidency in 2027, framing it as a necessary step toward national reconciliation and political renewal. During a recent interview on Yanga FM, Lagos, the artist urged the nation to move beyond historical grievances to foster unity. However, Brymo also expressed significant reservations, warning that the prevailing insecurity in the South-East could undermine these political aspirations. He cautioned against the trend of groups utilizing militancy and civil unrest as a leverage tool to secure political power, while further commending President Bola Tinubu’s past stance on regional security outfits as a measure to prevent national fragmentation.....KINDLY READ THE FULL STORY HERE▶

In a recent Yanga FM interview, musician Brymo called for Nigeria to embrace an Igbo presidency, citing the need for healing and national unity. While he advocates for fair representation for the South-East, he also highlighted a dangerous cycle where regional insecurity is often weaponized by groups seeking political influence. Brymo stressed that the country’s stability remains fragile, warning that if every region fostered its own militant movements, Nigeria’s existence would be at risk.

Brymo’s recent call for an Igbo presidency highlights a complex paradox in Nigerian politics: the desire for regional inclusion versus the destabilizing impact of insecurity. Speaking on Yanga FM, the singer argued that the country must reconcile its past and shift toward a more equitable power structure. Yet, he was blunt about the “militancy-for-power” dynamic, asserting that political interests often fuel chaos in the South-East. For Brymo, national healing cannot coexist with regional unrest, and he praised President Tinubu for prioritizing central authority over the proliferation of regional security groups to keep the country unified.

Key Points Summarized:

  • The Advocacy: Brymo supports an Igbo presidency to foster national reconciliation.

  • The Warning: He believes regional insecurity is being strategically used by some to pursue political goals.

  • The Stability Concern: He views the proliferation of regional security outfits and militant groups as an existential threat to Nigeria’s unity.

  • Political Stance: He expressed approval for President Tinubu’s previous efforts to centralize security and prevent the expansion of regional militant or security groups.

Continue Reading

latest

“‘I Am The Boss’: Trump’s Late Arrival Sparks Laughter And Debate At G7 Summit!”.

Published

on

On the final day of the G7 summit in Evian, France, United States President Donald Trump sparked laughter by jokingly declaring, “I’m the boss,” as he entered the morning session. While French President Emmanuel Macron is the official host of the three-day gathering, Trump’s presence has remained a central point of interest throughout the event. This summit follows significant developments for the U.S. President, including his 80th birthday and a recently secured accord to end the war with Iran. Unlike the previous summit in Canada, Trump has remained through the final day to sign the G7 communique, a move that provides diplomatic relief to French organizers. To conclude the event, Macron has invited Trump to a dinner at the Palace of Versailles, a gesture that has drawn attention due to its symbolic nature and the scrutiny surrounding the two leaders’ relationship.....KINDLY READ THE FULL STORY HERE▶

U.S. President Donald Trump made a lighthearted entrance at the final day of the G7 summit in France, jokingly calling himself “the boss” upon joining other world leaders. Trump’s attendance has been a focal point of the summit, which serves as a forum for industrial democracies to address global security and trade. French President Emmanuel Macron, the summit host, welcomed the remark with a smile. The event is set to conclude with a unified communique—a positive development for France, especially given that Trump stayed for the full duration of the summit this year. Following the conclusion, Trump is scheduled for a dinner at the Palace of Versailles, hosted by Macron.

Option 3: Analytical

President Donald Trump’s interaction at the G7 summit in France underscores his dominant, albeit at times unconventional, influence on the international stage. By playfully asserting his role as “the boss” upon entering the final session, Trump continued to draw the attention of global observers, diplomats, and the media. His full participation in this year’s summit, coupled with his commitment to signing the final communique, contrasts with his early departure from the previous G7 gathering in Canada. French President Emmanuel Macron, while managing the logistical and diplomatic complexities of hosting, has worked to ensure a unified front among the participating nations. Macron’s decision to invite Trump to the Palace of Versailles for a concluding dinner has prompted questions regarding the balance of diplomatic deference, though the French president has clarified that the event will not be a “gala,” aiming to manage perceptions of the meeting.

Key Points Summarized:

  • The Quip: Trump joked, “I’m the boss,” upon entering the final day’s session, drawing amusement from his peers.

  • Diplomatic Progress: Trump stayed for the entire summit and signed the G7 communique, signaling improved diplomatic alignment compared to the previous year’s gathering.

  • Recent Milestones: The President arrived in France following his 80th birthday and a new accord to end the war with Iran.

  • Versailles Invitation: Macron invited Trump to a dinner at the Palace of Versailles, a move that has been closely scrutinized for its symbolic significance.

  • Summit Goals: Leaders aimed to project a united front on global security, trade, and economic policy as the three-day meeting concluded.

Continue Reading

latest

“Atiku Should Join Forces With Tinubu For National Progress, Says Former Youth Wing DG.

Published

on

Hon. Rowland Odih, Director-General of “The Bridge for Renewed Hope,” has urged former Vice President Atiku Abubakar and other opposition figures to set aside partisan interests and collaborate with President Bola Tinubu for national progress. Following a court judgment regarding the deregistration of the African Democratic Congress (ADC) and other parties, Odih framed the moment as a call for political unity. He argued that Nigeria’s current economic and security challenges necessitate a spirit of patriotism rather than political antagonism. While acknowledging that the Court of Appeal has since blocked the deregistration of those political parties ahead of the 2027 elections, Odih maintained that the combined experience of Tinubu and Atiku could significantly accelerate national development if channeled toward a shared commitment to governance.....KINDLY READ THE FULL STORY HERE▶

In light of recent legal developments concerning political party registrations, Hon. Rowland Odih has called for a political truce, urging Atiku Abubakar to work alongside President Tinubu in the national interest. Odih, a former Director-General of the Atiku Youth Wing, emphasized that Nigeria’s growth requires collective leadership rather than partisan division. He pointed to the current administration’s ongoing economic and social reforms as areas where the opposition’s experience could prove valuable. Odih concluded by calling for national consensus, noting that the priority for all stakeholders should remain the country’s prosperity.

Option 3: Analytical

Hon. Rowland Odih’s appeal to Atiku Abubakar represents a push for bipartisan cooperation within the challenging landscape of Nigerian politics. By calling on the former Vice President to support the Tinubu administration’s reform agenda, Odih advocates for a transition from political rivalry to collaborative nation-building. The Director-General’s statement—which followed reports of a court order regarding the deregistration of the ADC and other parties—underscores the volatility of the pre-2027 electoral environment. Although the Appeal Court has since stayed the deregistration of these parties, Odih’s core message remains that Nigeria’s developmental needs, including economic stability and improved security, demand that the nation’s political heavyweights prioritize common goals over partisan differences.

Key Points Summarized:

  • The Call for Unity: Hon. Rowland Odih urged Atiku Abubakar and opposition leaders to prioritize national interest and partner with President Tinubu.

  • Context: The statement was issued around the time of a court judgment involving the potential deregistration of the ADC and four other political parties (which has since been blocked by the Appeal Court).

  • The Argument: Odih believes that Nigeria’s economic and security challenges require broad consensus rather than political bitterness.

  • Proposed Benefit: He suggested that combining the experience and networks of both leaders could lead to stronger institutions and accelerated growth.

  • Appeal for Calm: Odih advised supporters of the affected political parties to remain law-abiding and utilize legal channels to address their grievances.

Continue Reading

Trending

Copyright © 2023 NIVONEWS