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Dollar to Naira Exchange Rate on Black Market Today 26th August 2024

As of August 26, 2024, the exchange rate between the US dollar and the Nigerian naira on the black market, also known as the parallel market or Aboki FX, is recorded at 1 USD to ₦1,610. This figure offers a glimpse into the current state of Nigeria’s currency outside the formal banking system, highlighting the […]

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Dangote refinery

Dangote Refinery Begins Test Runs for Petrol Production, Full Operations Expected by September

The Dangote Refinery, touted as the world’s largest single-train refinery, has entered a crucial phase of its development. This facility, located in Lagos, Nigeria, is not just a remarkable feat of engineering but also a potential game-changer for the nation’s energy sector and the broader African economy. The refinery has now commenced test runs for

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Elon Musk’s Starlink to begin operations in Ghana by end of August 2024

Elon Musk’s SpaceX is set to officially launch its satellite internet service, Starlink, in Ghana by the end of August 2024. This highly anticipated development marks a major leap in Ghana’s technological landscape, promising to transform internet connectivity, particularly in underserved and rural regions. The National Communications Authority (NCA) has confirmed that Starlink’s operations will

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