As of Monday, June 15, 2026, the parallel market—often referred to as the “black market” or Aboki FX—recorded a dollar-to-naira selling rate of ₦1400 and a buying rate of ₦1392, based on data from Bureau De Change (BDC) sources. For comparison, the Central Bank of Nigeria (CBN) reported rates ranging from a high of ₦1360 to a low of ₦1354. It is important to note that the CBN does not officially recognize parallel market transactions and advises the public to utilize commercial banks for forex needs. Furthermore, actual rates at the point of exchange may fluctuate and differ from these reported figures.....KINDLY READ THE FULL STORY HERE▶

On June 15, 2026, the black market dollar-to-naira exchange rate stood at ₦1400 for selling and ₦1392 for buying, according to BDC sources. In contrast, the official CBN rates for the same day were between ₦1354 and ₦1360. Please be aware that the CBN does not endorse parallel market dealings, recommending that individuals conduct forex business through authorized banks instead. Additionally, market rates are subject to change and may vary depending on the specific dealer.

Option 3: Direct/News-Style Market updates for June 15, 2026, show the dollar trading at ₦1400 (sell) and ₦1392 (buy) in the Lagos parallel market. While these are the prevailing rates among BDC operators, the Central Bank of Nigeria maintains that individuals should approach commercial banks for forex transactions, as it does not recognize the black market. Readers should keep in mind that these rates are indicative and actual market prices may vary during individual transactions.

The Zamfara State Government has placed the Rector of Abdu Gusau Polytechnic, Dr. Sirajo Shinkafi, on immediate suspension due to allegations of misconduct and insubordination. Secretary to the State Government, Abubakar Nakwada, announced the decision on Monday, emphasizing that the move is intended to maintain seamless administrative and academic operations. While specific details regarding the accusations remain undisclosed, the government stressed that the action was a necessary step for the institution’s effective management. Attempts to obtain a response from Dr. Shinkafi have not yet been successful.....KINDLY READ THE FULL STORY HERE▶

Abdu Gusau Polytechnic’s Rector, Dr. Sirajo Shinkafi, has been suspended by the Zamfara State Government over claims of insubordination and professional misconduct. The directive, effective immediately, was issued by the Secretary to the State Government, Abubakar Nakwada, to ensure that the school’s daily activities remain uninterrupted. The government has reassured the public that management plans are in place, though it declined to provide further specifics on the allegations. Dr. Shinkafi could not be reached for comment at the time of this report.

Option 3: Direct and Impactful Citing allegations of misconduct and insubordination, the Zamfara State Government has officially suspended Dr. Sirajo Shinkafi, the Rector of Abdu Gusau Polytechnic. In a statement released Monday, Secretary to the State Government Abubakar Nakwada stated that the immediate suspension is required to safeguard the institution’s administrative and academic integrity. Although the government has not elaborated on the exact nature of the allegations, it remains committed to ensuring the polytechnic continues to function smoothly. Efforts to secure a comment from Dr. Shinkafi were unsuccessful.

The Nigeria Democratic Congress (NDC) has officially refuted claims that vice-presidential candidate Rabiu Kwankwaso is considering a departure from the party. Speaking on Arise News this past Saturday, National Publicity Secretary Osa Director dismissed allegations of a rift over Kano State candidate selections as “conjectures and media speculations” orchestrated by political opponents to destabilize the party. Director emphasized that Kwankwaso never threatened to defect, attributing the rumors to external interests attempting to manufacture a crisis. While the speculation followed the replacement of several nominees from the Kwankwasiyya movement, NDC Kano State Chairman Hussaini Mairiga clarified that these adjustments were made to maintain a pre-existing 60/40 power-sharing agreement between the Kwankwasiyya bloc and the established party structure. NDC leadership maintains that nomination-related friction is a normal part of coalition building and stated that internal dialogues are ongoing to resolve these matters.....KINDLY READ THE FULL STORY HERE▶

The NDC is pushing back against reports that Rabiu Kwankwaso threatened to exit the party due to disputes over Kano State candidate nominations. National Publicity Secretary Osa Director labeled the claims as baseless media speculation, stating, “At no time did our leader, Kwankwaso, threaten to leave the party.” The rumors emerged following the replacement of several nominees linked to the Kwankwasiyya movement. Party officials explained that these changes were standard adjustments to honor a 60/40 power-sharing deal between the Kwankwasiyya bloc and the wider NDC structure. Dismissing the narrative of internal turmoil as a deliberate attempt to undermine the party ahead of the 2027 election cycle, the NDC insisted that consultations to address candidate concerns are already underway.

Option 3: Concise News-Style

• Headline: NDC Denies Kwankwaso Exit Rumors

• Body: The Nigeria Democratic Congress (NDC) has slammed reports of a potential exit by vice-presidential candidate Rabiu Kwankwaso. Party spokesperson Osa Director clarified on Arise News that the former Kano State governor remains fully committed to the party, dismissing rumors of a rift over candidate lists as an orchestrated smear campaign by opponents. The controversy stemmed from adjustments made to Kano State nominations to uphold a specific 60/40 power-sharing ratio between the Kwankwasiyya movement and the party’s established wing. Officials stated that such internal disagreements are common in a growing coalition and affirmed that efforts to resolve the nomination issues through dialogue are ongoing.