News Update
As of January 17, 2025, the Nigerian Naira (NGN) has continued to experience some level of volatility against the US Dollar (USD), while this has been the norm for decades now, this largely to some extent reflects the ongoing economic challenges.
See the Naira performance across various currencies
A quick check at the parallel market at Abuja Zone 4 market,as at January 17, 2025 , the black market exchange rate stands firmly at approximately N1,680.00 per USD. This means if you want to buy a dollar now, it is N1,680.00 while if you want to sell it is approximately N1,668.00.
Please be aware that the parallel market or the black market rates are mostly and notably higher compared with what you get from the official market or CBN rate.
News Update Abba Abubakar, son of former Vice President and 2023 Peoples Democratic Party presidential…
News Update PDP NWC Appoints Caretaker Committee in Delta, Enugu, Imo, Rivers and Osun States.…
News Update You are NOT paying 7.5% VAT on the money you transfer. The VAT…
News Update African football's governing body CAF, has imposed a 20,000 U.S. dollar fine and…
News Update Nigerian singer, Davido, has lost a $50,000 (₦75 million) bet after the Super…
News Update In its continuous drive to promote economic inclusion and self-reliance among…