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Canadian Dollar To Naira Black Market Today

<p><img width="1000" height="600" src="https://www.naijanews.com/wp-content/uploads/2024/03/canadian-dollar-cad-1000x600.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/03/canadian-dollar-cad-1000x600.jpeg 1000w, https://www.naijanews.com/wp-content/uploads/2024/03/canadian-dollar-cad-590x354.jpeg 590w, https://www.naijanews.com/wp-content/uploads/2024/03/canadian-dollar-cad-400x240.jpeg 400w" sizes="(max-width: 1000px) 100vw, 1000px" /></p> <h2>The <a href="https://www.naijanews.com/topic/canadian-dollar/">Canadian Dollar</a> to Naira exchange rate in Nigeria's informal currency trading circles, popularly known as the black market, has reached N1,153.469 as of March 10, 2024.</h2> <p>These transactions, typically facilitated by informal traders known as Abokis, have seen a significant increase, highlighting the ongoing volatility in the foreign exchange market.</p> <p>The parallel market, operating independently from the official banking system, reflects the real-time supply and demand dynamics for foreign currencies in Nigeria.</p> <p>While it offers an alternative route for obtaining foreign currencies, the black market is fraught with risks, including the potential for scams, underscoring the importance of caution among those engaging in such transactions.</p> <p>As of today, exchanging 100 Canadian Dollars (CAD) in the black market would result in N115,346.90, while CAD1000 exchanges for N1,153,469.00, rates that significantly deviate from the official exchange rates.</p> <p>This disparity underscores the challenges faced by individuals and businesses requiring foreign currency for international transactions, further complicating the economic landscape in Nigeria.</p> <p>The reliance on the black market for currency exchange is indicative of the broader issues plaguing the country's foreign exchange market, including stringent currency controls and limited access to foreign currencies through official channels.</p> <p>These challenges have prompted many to turn to the parallel market, despite the inherent risks and legal implications.</p> <p>The Nigerian government and the Central Bank of Nigeria (CBN) have made efforts to stabilize the Naira and streamline the process of obtaining foreign currencies.</p> <p>However, these measures have yet to fully address the demand-supply gap that fuels the parallel market's existence.</p> <p>As the exchange rate for the Canadian Dollar continues to climb in the parallel market, the call for comprehensive reforms in Nigeria's foreign exchange policies grows louder.</p> <p>The post <a href="https://www.naijanews.com/2024/03/10/canadian-dollar-to-naira-black-market-today-3/">Canadian Dollar To Naira Black Market Today</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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General

Foods You Are Allowed To Eat During Ramadan

<p><img width="640" height="358" src="https://www.naijanews.com/wp-content/uploads/2019/05/Ramadan-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="What To Do If You Must Travel During Ramadan" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2019/05/Ramadan-1.jpg 640w, https://www.naijanews.com/wp-content/uploads/2019/05/Ramadan-1-300x168.jpg 300w" sizes="(max-width: 640px) 100vw, 640px" /></p> <h2>During <a href="https://www.naijanews.com/topic/ramadan/">Ramadan</a>, the Islamic holy month of fasting, Muslims around the world abstain from eating, drinking, smoking, and sinful behavior from dawn until sunset.</h2> <p>The fast is a time for spiritual reflection, self-improvement, and heightened devotion. While the daylight hours are marked by fasting, the meals consumed before dawn (suhoor) and after sunset (iftar) are crucial for maintaining energy levels and nourishment throughout the month.</p> <p>Here's a detailed look at the foods that are encouraged and traditionally consumed during Ramadan:</p> <p><strong>Suhoor: The Pre-Dawn Meal</strong></p> <p>Suhoor is the meal consumed before the fast begins at dawn. It's important for this meal to be wholesome and filling to help sustain energy levels throughout the day.</p> <p><strong>Complex Carbohydrates:</strong> Foods rich in complex carbohydrates, such as whole grains, oats, and whole wheat bread, release energy slowly throughout the day. They are excellent choices for suhoor as they help maintain blood sugar levels and keep you feeling fuller for longer.</p> <p><strong>Proteins:</strong> Including protein-rich foods like eggs, cheese, yogurt, and legumes can help maintain muscle strength and stave off hunger.</p> <p><strong>Fruits And Vegetables:</strong> High in fiber, fruits, and vegetables like bananas, apples, berries, cucumbers, and leafy greens help prevent dehydration and provide essential vitamins and minerals.</p> <p><strong>Nuts And Seeds:</strong> Almonds, walnuts, chia seeds, and flaxseeds are nutrient-dense options that provide healthy fats, protein, and energy.</p> <p><strong>Hydration:</strong> Drinking plenty of water during suhoor is crucial to help avoid dehydration during the day. Avoid caffeinated beverages as they can lead to increased thirst.</p> <p><strong>Iftar:</strong> The Meal After Sunset<br /> Iftar is the meal that breaks the fast after sunset. It traditionally begins with the consumption of dates and water, following the practice of Prophet Muhammad, before moving on to a larger meal.</p> <p><strong>Dates And Water:</strong> Dates are a nutritious way to break the fast, providing natural sugars for energy, fiber, minerals, and vitamins. Water helps rehydrate the body.</p> <p><strong>Soups And Broths:</strong> Soups such as lentil soup or chicken broth are gentle on the stomach after a day of fasting and help rehydrate the body.</p> <p><strong>Lean Proteins:</strong> Grilled or baked fish, chicken, and lean cuts of meat provide essential proteins and nutrients needed to replenish the body.</p> <p><strong>Whole Grains And Complex Carbohydrates:</strong> Brown rice, quinoa, barley, and whole wheat pasta are excellent sources of energy and help replenish energy stores.</p> <p><strong>Vegetables:</strong> A variety of vegetables, either in the form of salads, grilled, or cooked, provide essential fibers, vitamins, and minerals.</p> <p><strong>Fruits:</strong> Fresh fruits are a refreshing way to end the meal, providing hydration and essential nutrients.</p> <p><strong>Healthy Fats:</strong> Avocados, olive oil, and other sources of healthy fats are beneficial for heart health and provide sustained energy.</p> <p><strong>Foods To Avoid</strong></p> <p>To make the fasting experience beneficial and to avoid discomfort, it's advisable to limit:</p> <p><strong>Highly Processed And Sugary Foods:</strong> These can cause energy spikes followed by crashes, making the fasting period more difficult.</p> <p><strong>Deep-Fried Foods:</strong> While tempting, they can be heavy on the stomach and lead to indigestion or discomfort.</p> <p><strong>Excessive Caffeine:</strong> High caffeine intake can lead to dehydration and may disrupt sleep patterns.</p> <p>The post <a href="https://www.naijanews.com/2024/03/10/foods-you-are-allowed-to-eat-during-ramadan/">Foods You Are Allowed To Eat During Ramadan</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 3 min read
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General

Kaduna Abductions Looked Planned In Advance – Northern Group Claims, Demands Rescue Of Schoolchildren

<p><img width="666" height="300" src="https://www.naijanews.com/wp-content/uploads/2024/03/Arewa-Consultative-Forum-acf.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/03/Arewa-Consultative-Forum-acf.png 666w, https://www.naijanews.com/wp-content/uploads/2024/03/Arewa-Consultative-Forum-acf-300x135.png 300w" sizes="(max-width: 666px) 100vw, 666px" /></p> <h2>The Arewa Consultative Forum (<a href="https://naijanews.com/topic/acf/">ACF</a>) has alleged that the recent abduction of 287 primary and secondary school pupils at Kuriga in Kaduna state looks planned in advance.</h2> <p>Making this allegation in a statement on Saturday, the ACF National Publicity Secretary, Muhammad Tukur Baba, called for the complete eradication of terrorism in the country.</p> <p>He lamented that <em>“as a sad reminder about their unabated presence, the terrorists struck again, attacked worshippers, and killed two persons during Friday prayers at Anguwar Makera, Kwasakwasa community in Birnin Gwari Local Government Area, Kaduna State.”</em></p> <p>Noting that the students of Federal University Gusau who were abducted months ago remained in captivity, the ACF spokesman highlighted the importance of the government taking quick measures to ensure the safe release of the abducted students and learners to their parents and guardians.</p> <p><strong>Naija News</strong> reports that the group applauded the Kaduna State Government's prompt response and expressed sympathy to the Kwasakwasa community for the horrific attack on its members.</p> <p>It urged the security services to use more potent tactics to eradicate the evil of terrorism in the neighbourhoods.</p> <p>ACF recommended that new measures be implemented immediately throughout the states that are prone to terror, including the much-discussed Special Schools Security Scheme, the Schools Vigilante Force, and Anti-Kidnapping Squads, among others.</p> <p>The post <a href="https://www.naijanews.com/2024/03/10/kaduna-abductions-looked-planned-in-advance-northern-group-claims-demands-rescue-of-schoolchildren/">Kaduna Abductions Looked Planned In Advance – Northern Group Claims, Demands Rescue Of Schoolchildren</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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