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Economic Jitters: Dollar Soars to ₦1,605 as Lagos APC Gears Up for LG Elections
What Is the Dollar to Naira Exchange Rate at the Black Market (Aboki FX)?....KINDLY READ THE FULL STORY HERE▶
Below is the black market (parallel market) exchange rate for the U.S. Dollar to Naira as of Wednesday, June 25, 2025. These are the rates at which you can exchange your dollars for naira.
Black Market Dollar to Naira Exchange Rate Today (Aboki FX)
At the Lagos Parallel Market, also known as the Black Market, Bureau De Change (BDC) operators buy 1 USD at ₦1,590 and sell at ₦1,600, according to market sources.
Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market. It has advised all forex transactions to be conducted through licensed financial institutions.
Summary of Exchange Rates – June 25, 2025
| Dollar to Naira (USD to NGN) | Exchange Rate |
|---|---|
| Black Market Buying Rate | ₦1,590 |
| Black Market Selling Rate | ₦1,600 |
| CBN Highest Rate | ₦1,553 |
| CBN Lowest Rate | ₦1,548 |
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STADIUM SHOCKER: Ranchers Bees Abruptly Dump Katsina, Move Entire 2026/27 Home Campaign To Kano!.
The Nigeria Premier Football League (NPFL) side, Ranchers Bees, has shifted its home ground to the Sani Abacha Stadium in Kano for the remainder of the 2026/27 season.....KINDLY READ THE FULL STORY HERE▶
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The Relocation: The newly-promoted Kaduna-based club initially chose the Muhammadu Dikko Stadium in Katsina as their home venue but had to relocate due to “uncontrollable circumstances” after playing just one match there—a 4-0 victory against Abia Warriors.
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Appreciating Hosts: The club expressed gratitude to Katsina United for their brief hospitality and warmly acknowledged the football fans in Kano for an incredible welcome.
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Upcoming Fixture: Ranchers Bees will officially begin their campaign at their new Kano base with a home fixture against Bendel Insurance on Sunday, September 20.
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BIG MONEY MOVE: Peter Obi Gives Green Light On Dangote Shares, Says Mega Refinery Proves Nigeria Can Produce.
Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), has voiced strong support for Nigerians investing in the ongoing Dangote Refinery share offers.....KINDLY READ THE FULL STORY HERE▶
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Public Inquiries and Stance: Obi revealed that during his interactions with Nigerians both domestically and abroad, many individuals sought his perspective regarding the Dangote Petroleum Refinery Initial Public Offering (IPO).
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Praise for Industrial Breakthrough: He expressed immense pride in Aliko Dangote’s massive investment in the real sector, viewing it as a practical manifestation of his core economic philosophy to transition Nigeria from a consumer-based economy to a productive one.
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Call for Broader Industrialization: Obi strongly encouraged citizens to purchase the shares while urging other local enterprises to invest in productive sectors and open up public offerings to allow everyday Nigerians to participate in the nation’s re-industrialization.
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RECEIPTS ARE OUT: Peter Obi Drops Complete Handover Document To Disprove Soludo’s Debt Claims Once And For All!.
Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), has formally countered claims by Governor Charles Soludo’s administration that he left behind unpaid loans and liabilities upon completing his tenure as Anambra State governor.....KINDLY READ THE FULL STORY HERE▶
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Obi’s Evidence: Obi released his official handover note dated March 17, 2024, which outlines the state’s financial standing at the close of his administration and reflects a net positive balance exceeding ₦86 billion.
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The State’s Counter-Claims: The Anambra State government—through Commissioner for Finance Izuchukwu Okafor and Commissioner for Information and Value Reorientation Law Mefor—disputed Obi’s position. Mefor stated that state records reveal eight outstanding external loans linked to projects from Obi’s tenure, totaling a combined balance of $92.35 million (valued at roughly ₦127.37 billion as of June 30, 2026).
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The Continuing Clash: Despite Soludo’s administration maintaining that it has avoided fresh commercial loans while servicing inherited obligations and clearing gratuity arrears, Obi has strongly maintained his stance, previously challenging anyone to produce proof of debt or else he would halt his 2027 presidential campaign.
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