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“Naira Holds Steady: Currency Maintains Firm Grip Near 1,361 Mark Amid Market Anticipation”.
As of Friday, June 12, 2026, foreign exchange traders at the Lagos parallel market are selling the dollar at ₦1,409 and buying at ₦1,396. While these figures reflect the rates among Bureau De Change (BDC) operators, it is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN continues to advise individuals seeking to conduct forex transactions to utilize their respective banking institutions. For comparison, the CBN recorded rates between ₦1,362 and ₦1,365 on this date. Please be aware that actual transaction rates may vary depending on the specific dealer or market conditions.....KINDLY READ THE FULL STORY HERE▶
FX Update: Dollar-to-Naira Parallel Market Rates (June 12, 2026) If you are looking to swap currency, here is the breakdown of the parallel market (Aboki FX) rates compared to CBN figures for June 12, 2026:
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Parallel Market (Black Market): Sellers are trading the dollar at ₦1,409, while buyers are offering ₦1,396.
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CBN Official Range: The recorded rates were between ₦1,362 and ₦1,365.
Note: The CBN does not regulate the parallel market and mandates that all forex transactions be conducted through official bank channels. Market rates are subject to fluctuation and may differ based on your specific location or provider.
Check the Rates: Parallel Market vs. CBN (June 12, 2026) The dollar-to-naira exchange rate at the Lagos parallel market closed on June 12 at a selling price of ₦1,409 and a buying price of ₦1,396. By contrast, the official CBN exchange range stood between ₦1,362 and ₦1,365. Readers should remember that the Central Bank of Nigeria maintains that all forex operations should be handled via commercial banks, as the parallel market operates outside official recognition. Because rates change frequently throughout the day, actual buy/sell prices may vary from these reported figures.
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The Untold Truth: Fr. Mbaka Exposes The Secret Struggles Behind His Bold Endorsement Of Peter Obi!.
Rev. Fr. Ejike Mbaka, the Spiritual Director of the Adoration Ministry in Enugu, recently responded to critics by highlighting the significant risks he undertook to support Peter Obi during his impeachment as Governor of Anambra State. Speaking during a church program on Friday, Fr. Mbaka challenged the narrative that he has been a hindrance to the NDC presidential candidate.....KINDLY READ THE FULL STORY HERE▶
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Defending his history of support: Fr. Mbaka asserted that he played a critical, behind-the-scenes role in gathering the necessary documentation and organizing the efforts required to restore Obi to office after his impeachment.
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Criticizing fair-weather supporters: The cleric claimed that 99.9% of those now vocal in their support for the former governor had actually abandoned him during his impeachment ordeal.
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Challenging his critics: Fr. Mbaka insisted that the efforts he made for Obi during that period were far greater than what his current supporters could replicate, and he encouraged people to verify these events with individuals like Chris Uba and Ibeto, who were present at the time.
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Reaffirming his stance: He concluded by dismissing the criticism as uninformed, declaring that he has always been a solution rather than a problem and that he maintains a deep love for his people.
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“We Will Rig You!”: Peter Obi Issues Explosive Warning To INEC Over Alleged Election Manipulation!.
During a recent visit to Washington, D.C., Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), argued that the prevalence of election rigging in Nigeria is largely due to voters failing to actively defend their ballots. Obi emphasized that while candidates play a role in the process, credible outcomes ultimately depend on citizens remaining at their polling units to ensure votes are counted transparently. He criticized the “transactional” nature of Nigerian politics, suggesting that many voters prioritize other activities over the essential task of monitoring the electoral process. According to Obi, Nigeria’s primary challenge is poor political leadership, and he urged citizens to take collective ownership of their votes to demand the accountable governance required for the country to succeed.....KINDLY READ THE FULL STORY HERE▶
Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has called for increased citizen involvement in protecting electoral integrity. During a recent trip to Washington, D.C., Obi stated that election manipulation persists because voters frequently leave polling stations before the counting process is completed. He argued that:
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Voters must proactively defend their ballots at polling units to ensure transparency and prevent rigging.
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Nigeria’s fundamental obstacle is a crisis of political leadership, rather than a lack of natural or human resources.
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Real change requires Nigerians to move beyond passive participation and take active responsibility for the electoral process.
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“This Is The Only Way!”: Matawalle Drops Bombshell, Unveils The Ultimate Solution To Nigeria’s Security Crisis!.
Bello Matawalle, the Minister of State for Defence, recently stated that ending Nigeria’s insecurity requires a combination of collective national effort and divine intervention. In an interview with BBC Hausa, he emphasized that insecurity is a broad national concern that transcends political, religious, and regional lines, necessitating unified support from citizens, community leaders, and security agencies.....KINDLY READ THE FULL STORY HERE▶
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Call for Unity: The Minister urged Nigerians to prioritize national interest over partisan politics, noting that insecurity is not a tool for scoring political points.
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Criticism of Opposition: Matawalle accused certain opposition figures of exploiting the security situation to incite the public against the government and advance their own political agendas, rather than helping to address the crisis.
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Combating Misinformation: He raised alarm over the circulation of “fake and recycled” videos on social media—some dating back years or originating from other countries—which are falsely presented as current events to suggest worsening security under the Tinubu administration. He encouraged citizens to verify information before sharing it.
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Government Commitment: Highlighting that the Federal Government has ordered security forces to deal decisively with criminal elements, Matawalle acknowledged that while progress is being made, complex security challenges cannot be resolved overnight.
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Public Cooperation: He called for continued public patience, prayer, and the provision of actionable intelligence to security forces to help restore peace across the country.
The Minister’s comments come amid renewed public anxiety following reports of mass abductions at schools in Oyo and Borno states.
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