VERY SERIAL REVIEW has obtained the exchange rate of the dollar to naira black market today, November 14, 2023 in Nigeria, including the official CBN rate. VERY SERIAL is reporting that the naira to dollar exchange rate has again crashed on the parallel market popularly called black market. As of today Tuesday November 14th, 2023, the naira crashed further at the parallel market, popularly called black representing 3.67 per cent depreciation compared with N1,080 and N1,090 for each dollar sold on Friday and Monday. CLICK HERE to read the details exchange rate today Tuesday November 14th, 2023 from QUICK LOAN…
Author: Femi Adeoya
The Naira on Tuesday evening November 7, 2023 crashed to N1,020 per dollar, representing 13.3 per cent loss, following strong demand on the parallel market (black market) after the initial few days gain that saw the currency trading at an average of N900 per dollar last week. After the temporary high witnessed by the Nigerian Naira in the last few days, the currency tumbled against the United States dollar on Tuesday November 7, 2023 by 13.33% falling to N1,020/$ at the parallel market, popularly called the Black Market. The Naira achieved almost 15% appreciation in the last one week and…
News reaching VERY SERIAL indicates that the Nigerian naira in a twist of fate is currently trading at N900 to the United States Dollar on Friday, November 3rd, 2023 after the Nigeria’s government announced plans to digitalise FX (Forex) transactions and discourage speculative demands and hoarding of FX in cash. Multiple Bureau De Change operators who spoke to VERY SERIAL Review on Friday afternoon confirmed that the United States greenback has crashed with respect to the Nigerian Naira, adding that the currency is currently trading at N900 to the dollar. Analysts, BDC operators and currency traders attributed the naira sudden…
Many Bureau De Change (BDC) operators, and Forex speculators have experienced palpable fears and many of them have temporarily stopped trading the greenback over the uncertainties surrounding the sudden appreciation of the naira value with respect to the dollar in recent days. As at last week Wednesday and Thursday, the naira tremendously weakened to a record low of N1,300 to a United States dollar over the scarcity of the greenback and continuous demand. However as at Friday one week ago, the naira strengthened to N1,250 per dollar and since then it has continued to gain value. The pressure on the…
Nigerian students seeking to study abroad spent a whopping $340.8 million mostly in dollar and pounds denominated foreign exchange to fund their tuition fees, application and Visas between January and June 2023, according to Nigeria’s Apexl Bank’s data on the amount spent on educational services under the sectoral utilisation for transactions valid for foreign exchange. Nigerians Spend $40.5 million to Study Abroad in April 2023 The Central Bank of Nigeria says that in April 2023, a total of $40.54 million was spent to study abroad foreign, and adds that $48.81 million was spent in May 2023. However, in June 2023,…
Tech giant, Microsoft Incorporation has been charged with an additional $28.9bn (£23.5bn) in back taxes for the past nine years, even as the organization has kicked and vows to contest the US tax authority’s ruling which covers back taxes for the years 2004 to 2013. The Internal Revenue Service has been auditing how the firm allocates profits among countries and jurisdictions. But Microsoft said “the issues raised by the IRS are relevant to the past but not to our current practices”. There have long been concerns that the biggest corporations do not pay enough tax in developed nations. The case…
The Financial Reporting Council, which regulates accountants has handed down a historic £21m fine to Auditing giant, KPMG over its gross accounting work failure for Carillion, the construction giant which collapsed in 2018. KPMG to pay a record fine of $25.7 million (£21 million) over Carillion business failure KPMG was hit with a record £21 million (which translates to $25.7 million) fine by UK accountancy regulator the Financial Reporting Council today, October 12, after years of serious auditing errors related to construction company Carillion’s collapse. The fine comes almost six years after the outsourcing firm collapsed with £7bn debts. Carillion had…
By Festus Adedayo Who is the man who today sits atop the presidency of Nigeria? What is his name? Who are his parents? Who are his childhood friends? What was his childhood like? What primary school did he attend? Where did he attend secondary school? Or, the university? Is he a criminal? Is he a serial forger? On account of the above, can we trust him? Can he be trusted with the destinies of over 200 million Nigerians? Can the rest of the world trust him as the embodiment of Nigeria? Last year, I wrote about the history of certificate…
The day I met Gregory Sallust, everything changed. It was in my first year in secondary school, and somewhere, I stumbled on a work of fiction called ‘Faked Passports’, by Dennis Wheatley. His Sallust was a British spy who was on the run, his plane having been shot down in Nazi Germany. People – particularly spies on the run – I would learn, need creative ways to survive. Sallust had an additional reason, as is often the case in espionage matters: a beautiful woman who, in his case, was in the hands of the Nazis. I followed sleeplessly as Sallust…
Pendulum: The Truth Tinubu Must Be Told, By Dele Momodu Fellow Nigerians, once again, this is not the best of times in our dear beloved country, Nigeria. After we had thought, gladly and gleefully, that no government could be worse than the recent Buhari administration, we are now confronted by yet another monstrosity. In less than two months in power, Tinubu’s government started collapsing whatever positive legacy Buhari left behind. Yet, we would have assumed and expected a President Bola Ahmed Tinubu to be far better prepared and more visionary than Buhari and his lacklustre team was. Unfortunately, this hasn’t…
With the evolution of digital lending technology, we now have several pay advance Australia applications providing instant pay advance services to the over 13 million workers in Australia. Instant pay advance Australia are also called wage advance australia or cash advance apps australia. These various advance Australia applications are very helpful in approving cash and wage advances very quickly, instantly and seamlessly before your next paycheck, including centrelink payments. Instant Pay Advance Australia also called Wage Advance Australia or Pay Advance Apps Australia provide workers and employees with instant access to the pay they’ve already earned with just a little…
VERY SERIAL REVIEW has obtained the exchange rate of the pound to dollar exchange rate today, in 2023. British Pound worth against the U.S. Dollar right now on September 29th, 2023? As at Friday, September 29th, 2023, the British pound opened with £1 to $1.2135 and closed with $1.2204. At the peak, £1 exchanged $1.2225 while at the lowest, it exchanged $1.2120. The pound sterling is currently averaging £1 to $1.2172. This is according to information provided by www.poundsterlinglive.com/history/GBP-USD-2023, an online portal that monitors the live exchange rate between the US dollar and British pound sterling. Date Open Close High Low…
VERY SERIAL REVIEW has obtained the exchange rate of the dollar to naira black market today in 2023 in Nigeria, including the official CBN rate. Pound To Naira Black Market Rate Today Friday 29th September, 2023 On Friday September 29th, 2023, the British Pound is currently trading at the rate of N1,275/£1 at the parallel market, also called the black market. This implies that 1 British Pound is been bought for N1,265 at the black market and sold at the rate of N1,275/£1. This represents a profit margin of N10 for a British pound. Pound to Naira (£ to NGN)…