Looking for the latest parallel market (Aboki FX) rates? Here is the breakdown for the Dollar to Naira exchange as of Monday, July 6, 2026.....KINDLY READ THE FULL STORY HERE▶

Parallel Market (Black Market) Rates

According to Bureau De Change (BDC) sources, the rates at the Lagos parallel market were as follows:

• Selling Rate: ₦1415

• Buying Rate: ₦1402

Official CBN Rates

For comparison, the Central Bank of Nigeria (CBN) recorded the following for the same day:

• Highest Rate: ₦1371

• Lowest Rate: ₦1366

Important Disclaimer: Please be aware that the Central Bank of Nigeria does not recognize the parallel market and advises individuals seeking Forex to conduct transactions through their respective banks. Additionally, keep in mind that actual buying and selling rates may fluctuate and vary from the figures stated above.

The investigation into the alleged ₦1.3 billion scandal involving the Presidential Foreign Intervention Promotion Council (PFIPC) has intensified following the arrest of the father of the council’s promoter, Adeniyi Adeyemi. Adeyemi, who claims to lead the organization, is currently facing trial in Abuja on charges including impersonation, forgery, and conspiracy, with several prominent figures, including Femi Gbajabiamila, slated as prosecution witnesses.....KINDLY READ THE FULL STORY HERE▶

• The Arrest: Police officers reportedly arrived at the Adeyemi family residence in Ogbomoso in four vehicles to apprehend Adeyemi’s father and a visiting family friend.

• Legal Condemnation: Human rights lawyer Femi Falana (SAN) has denounced the arrest as unlawful, stating that there is no legal justification for the police to engage in “substituted arrests” when the accused has already committed to appearing in court.

• Impact on the Family: Witnesses reported that the police harassed the family during the raid and prevented neighbors from intervening. Adeyemi’s mother was reportedly left in a state of shock following the incident and has since been moved to safety.

• Mohammed Goje, the Secretary to the Yobe State Government, stated that all students abducted from the Government Girls’ Science and Technical College in Dapchi in 2018 have been freed, with the exception of Leah Sharibu.....KINDLY READ THE FULL STORY HERE▶

• • Goje noted that the other abducted girls were rescued prior to the start of Governor Mai Mala Buni’s administration in 2019, making the incident a matter of the past for the current state government.

  • Leah Sharibu was one of 110 girls kidnapped by insurgents in February 2018; while most of her classmates were released a month later, she was reportedly kept in captivity due to her refusal to renounce her Christian faith.

  • Despite ongoing government assurances, Sharibu remains the only student from the group still in captivity more than eight years after the abduction.

  • Regarding the state’s security, Goje claimed that the Buni administration has made significant progress since 2019, making all local government areas in Yobe accessible to both citizens and humanitarian aid.

  • This improvement in safety has enabled many displaced residents to return to their communities, where the government has focused on rebuilding infrastructure and providing support in healthcare, education, and agriculture.

  • Furthermore, Yobe has become the first state in Nigeria to implement the National Internally Displaced Persons Policy, providing residents with the flexibility to decide whether to return to their ancestral homes or relocate elsewhere while receiving continued government support.