• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, July 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Dollar Gains To N9 At Black Market As Tinubu Vows To Unify Exchange Rate

by Leadership News..
2 years ago
in Business
dollar
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s unofficial foreign exchange market reacted positively on the inauguration day of Bola Ahmed Tinubu as Nigeria’s 16th President.

Advertisement

The black market opened on Monday at N763 against the US dollar but dropped by N9 at the close of trade.

Prices at Zone 4, a popular Bureau de Change hub in Abuja closed between N755 and N754 against the dollar.

The naira has been trading low against the dollar over low foreign exchange earnings.

But Tinubu said in his first inaugural speech that he will unify the exchange rate.

RELATED

African Manufacturers Urge Investment In Local Industries

African Manufacturers Urge Investment In Local Industries

14 hours ago
Regularise Property Titles For Sustainable Housing Security, LASG Urges Homeowners

Regularise Property Titles For Sustainable Housing Security, LASG Urges Homeowners

14 hours ago

The secondary market intervention sales retail window, the small and medium-size enterprises (SME) window, and the window for invisibles.

The black market for the BDC dealers is another unofficial window with a huge margin.

He said, “Monetary policy needs thorough house cleaning. The Central Bank must work towards a unified exchange rate.

“This will direct funds away from arbitrage into meaningful investment in the plant, equipment and jobs that power the real economy.

“We shall ensure that investors and foreign businesses repatriate their hard earned dividends and profits home.”

 

Adesina Lauded For Setting Agenda For Tinubu In Inauguration Speech

A former minister for agriculture and current president of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has received kudos for giving a lucid, thought-provoking speech at the inaugural lecture of the new president of Nigeria, Asiwaju Bola Ahmed Tinubu.

The commendation came from a public analyst and optometrist Dr. Jeremiah Agoh

In a reaction yesterday to Adesina’s recent speech at the Banquet Hall of the Presidential Villa, Asokoro, Abuja, Dr Agoh described the address as “apt, thought-provoking, truth to power, and straight to the point.”

Agoh in a statement he issued in Abuja, said the views and perspectives expressed by the AfDB boss should not have been delivered at a better period in the nation’s history as it is done now that a new government has been ushered in Nigeria after eight years of Muhammadu Buhari in the saddle.

The expert, who said he had followed the activities of the Buhari administration over the years, thanked Adesina for his “forthrightness and foresight in shaping the African Development Bank to the envy of other international financial institutions.”

Agoh said he was elated over the giant strides Adesina had made at ADB, which today is ranked as the most transparent financial institution in the world.

He described the AfDB president as one of the leading lights the country has produced, stressing that he would always tell the truth to power.

Adesina had told the new president that the “election of a new president in every climate elicits hope.

 

“Therefore, Nigerians would be looking up to him (president Tinubu) to assure security, peace, and stability.

 

He added that Nigerians both at home and in the diaspora would expect the new president to heal and unite a fractious nation, and also rise above party lines and forge a compelling force to move the nation forward with inclusiveness, fairness, equity and justice.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Prioritise Security, Economic Challenges, CAN Tells Tinubu

Next Post

Adesina Lauded For Setting Agenda For Tinubu In Inauguration Speech

Leadership News..

Leadership News..

You May Like

African Manufacturers Urge Investment In Local Industries
Business

African Manufacturers Urge Investment In Local Industries

2025/07/06
Regularise Property Titles For Sustainable Housing Security, LASG Urges Homeowners
Business

Regularise Property Titles For Sustainable Housing Security, LASG Urges Homeowners

2025/07/06
Notore Chemical Industries Delists From NGX
Business

Notore Chemical Industries Delists From NGX

2025/07/06
Business

PIA: PWDs Demand Inclusion In Niger Delta Host Community Board

2025/07/06
Share Local Content Success Strategies With Us, African Leaders Urge Nigeria
Business

Share Local Content Success Strategies With Us, African Leaders Urge Nigeria

2025/07/06
Burger King Recommits To Environmental Sustainability, Expands Footprint In Ogun
Business

Burger King Recommits To Environmental Sustainability, Expands Footprint In Ogun

2025/07/06
Leadership Conference advertisement

LATEST

Sustainability Professionals Institute Holds 5th Induction, Targets Chartered Status

4 Years Enough To Deliver Results As Nigeria’s President – Peter Obi

Nigerian Idol S10: Double Elimination As Lawrence, Mikki Exit Show

2027: Tinubu’s ‘Incompetence’ Behind My Renewed Push To Be President — Obi

‘How I’d Lead Nigeria As President’, Peter Obi Speaks On 2027 Plans

Ola Aina Signs New 3-year Deal With Nottingham Forest

I Never Worked For Abacha Or Any Gov’t – Peter Obi

JAMB Releases Results Of Mop-up UTME

WAFCON 2024: Super Falcons Cruise To Winning Start, Thrash Tunisia 3-0

Boko Haram Kills 9, Injures 4 Others In Borno

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.