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Naira Struggles As Dollar Trades At ₦1,480 In Black Market.

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The exchange rate between the United States dollar and the Nigerian naira continued to draw attention on Friday as activities at the foreign exchange market reflected prevailing demand pressures. According to Nivo News, the naira traded weaker against the dollar at the parallel market, commonly referred to as the black market.....KINDLY READ THE FULL STORY HERE▶

Checks at the Lagos parallel market showed that the dollar was sold at ₦1,480, while buyers purchased the foreign currency at ₦1,478 as of Friday, January 2, 2026. Market operators at Bureau De Change outlets attributed the pricing to sustained demand for foreign exchange amid limited supply.

The disparity between the official and parallel markets remains evident, as data from the official window indicated that the Central Bank of Nigeria’s benchmark exchange rate ranged between ₦1,427 and ₦1,438 per dollar within the same trading period.

The apex bank has repeatedly reiterated that it does not recognise transactions carried out at the parallel market, advising individuals and businesses seeking foreign exchange to conduct such dealings through authorised financial institutions.

Currency analysts note that exchange rates may vary slightly depending on location and negotiation, as market prices are largely driven by demand, availability, and prevailing economic conditions.


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ed An UnpUnmatched Productivity: Akpabio Stated That President Tinubu Has commissionrecedented Number Of Projects Nationwide.

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Senate President Godswill Akpabio has characterized President Bola Tinubu as a “miracle worker,” claiming that his volume of commissioned projects within his first three years in office is unprecedented in Nigeria’s history. Speaking on behalf of the President at the inauguration of the Old Keffi Road—a project marking Tinubu’s three-year milestone—Akpabio emphasized the government’s success in developing infrastructure in satellite towns. He further encouraged Nigerians to evaluate the President’s performance based on his long-standing track record of delivering results, dating back to his tenure as the Governor of Lagos State, as the primary benchmark for the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶

During the commissioning of the Old Keffi Road in the FCT, Senate President Godswill Akpabio highlighted the following points regarding President Tinubu’s administration:

  • Unmatched Project Delivery: Akpabio stated that President Tinubu has commissioned more projects nationwide in his first three years than any previous Nigerian president.

  • Impact on Infrastructure: He praised the “miracle” of development in satellite towns, specifically referencing projects in the Gaduwa district and Nasarawa State.

  • 2027 Election Benchmark: The Senate President urged voters to look at Tinubu’s history of results, starting from his time as Lagos State Governor, as a scorecard for the upcoming 2027 election.

  • Call for Accountability: Akpabio proposed a new standard for elections where candidates are evaluated based on their proven record of work and tangible achievements.

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Rescue Mission Success! FG Confirms Friday Morning Arrival For 271 Returning Nigerians.

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As part of its ongoing efforts to ensure the safety and voluntary repatriation of its citizens, the Federal Government has organized a third evacuation flight from South Africa. The flight, operated by Air Peace, is scheduled to depart Johannesburg at midnight on Thursday, carrying 271 Nigerians back home. According to the Ministry of Foreign Affairs, the aircraft is expected to land at Murtala Muhammed International Airport in Lagos at approximately 5:30 am on Friday, July 3, 2026.....KINDLY READ THE FULL STORY HERE▶

The Federal Government’s voluntary repatriation program continues with a third evacuation flight from South Africa set to arrive in Nigeria.

  • Departure: The flight will leave Johannesburg at midnight on Thursday.

  • Arrival: The 271 returnees on board are scheduled to reach Lagos by 5:30 am on Friday, July 3, 2026.

  • Purpose: This operation is part of the government’s commitment to safeguarding its citizens and facilitating their safe return to the country.

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U.S. Independence Day: Embassy And Consulate In Nigeria Announce Temporary Closure For Public Holiday!.

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In honor of the U.S. Independence Day holiday, the U.S. Embassy in Abuja and the Consulate General in Lagos have announced that they will be closed on Friday, July 3, 2026. The U.S. mission shared this information via their official social media channels on Thursday. The Fourth of July holiday annually commemorates the 1776 adoption of the Declaration of Independence, marking the moment the thirteen American colonies formally declared their independence from Great Britain.....KINDLY READ THE FULL STORY HERE▶

The U.S. Embassy in Abuja and Consulate General in Lagos will observe the U.S. Independence Day holiday by closing their offices on Friday, July 3, 2026. This annual holiday, celebrated on July 4, commemorates the historic event in 1776 when the American colonies declared their separation from Great Britain. The closure was confirmed in an official statement released by the U.S. mission on Thursday.

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