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The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar. [when?] [68] According to a recent (June 2024) report by Naija News, the parallel market exchange rate of the naira to the U.S. dollar is around ₦1483 per 1 USD, significantly higher than the official Central Bank of Nigeria rate. This ...
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
Lekki Market, 2008 Market, 2003 Mile 12, 2019 Markets in Lagos , Nigeria , offer a broad and diverse range of new, second-hand goods, products and merchandise for consumers. Notable markets in Lagos include:
But the rise of technology has led to an evolved "black market" -- and rather than exotic animals and tangible exports, data like credit card information and even streaming accounts are up for grabs.
The gap between official and black market exchange rates continues to widen, with many people and informal traders who dominate the economy again preferring the more stable dollar.
On January 3, 2014 the Liberian flagged MV San Miguel was hijacked approximately 20 miles off the coast of Bata, Equatorial Guinea. The ship was then taken to a location off the coast of Kribi , Cameroon where the pirates then ransacked the ship, stealing whatever valuables they could get their hands on, before taking 3 of the crew members hostage.
Area Boys (also known as Agberos) [5] are loosely organised gangs of street children and teenagers, composed mostly of males, who roam the streets of Lagos, Lagos State in Nigeria. [6] They extort money from passers-by, public transporters and traders, sell illegal drugs , act as informal security guards, and perform other "odd jobs" in return ...
Like US money-market rates, they are Actual/360, i.e. calculated with an exact daycount over a 360-day year. Euribor was first published on 30 December 1998 for value 4 January 1999. Euribor was first published on 30 December 1998 for value 4 January 1999.