Contest alert! || An Interesting News To Share

in Steem For Pakistan6 months ago (edited)

Greetings Pakistan Community!..

I bring you something great today pertaining to the contest topic, I will be speaking on the hints given with other side ideals and contributions that comes up. Stay tuned as I bless your day with de interesting facts for this topic today.

InCollage_20240221_162513376.jpgMy picture edited using Incollge


Have You Any Interest In Watching News At TV And How It Adds To Your Knowledge


Although I'm not a news freak but I do have interest in listening to news displayed on the TV, if only if it's an interesting one or a must watch. Knowing fully well that through news we get to know what is going on in our surrounding and around the globe.

With no neglection, I wouldn't deny the fact that news adds to my knowledge. At least it have exposed me to share more knowledge and discuss it among people that really wants to learn about both the trending news and even the older ones, generally what is happening in my country and the world at large.


Share any of two most interesting recent news you have listened?


Here in this section I will be sharing the news just as it is written by the blogger with their provided link.


(1.) NEWS HEADLINE: Black Market Dollar to Naira Exchange Rate Today 21st February 2024


20240221010004_-220571474_6002462011780720097_320_182_75_webp.webp Source gotten

The black market, also known as the parallel market, is where foreign currencies are traded unofficially at rates that differ from the official exchange rate set by the Central Bank of Nigeria (CBN). Source gotten


Contents:
How much is a dollar to naira today in the black market?


How does the black market dollar-to-naira exchange rate compare to the official rate?
The black market is often used by individuals and businesses who cannot access the official market due to scarcity, restrictions, or regulations.
The black market exchange rate of the US dollar to the Nigerian naira fluctuates daily depending on the supply and demand of the currencies, as well as other factors such as inflation, political instability, and economic policies.
The black market rate is usually higher than the official rate, meaning that the naira is weaker in the black market. Source gotten


How much is a dollar to naira today in the black market?


The black market dollar to naira exchange rate today, 21st February 2024, is as follows:
Buying rate: ₦1,860.00 per US dollar
Selling rate: ₦1,870.00 per US dollar
This means that if you want to buy 1 US dollar in the black market today, you will need to pay 1,870.00 naira, and if you want to sell 1 US dollar, you will receive 1,860.00 naira. Source gotten

NB: These rates may vary slightly depending on the location and the dealer.


How does the black market dollar-to-naira exchange rate compare to the official rate?


The official exchange rate of the US dollar to the Nigerian naira, as of today, 21st February 2024, is ₦1,492.67 per US dollar.
This is the rate that the CBN uses for its transactions and interventions in the foreign exchange market. The official rate is also the basis for the exchange rates of other foreign currencies, such as the euro, the pound sterling, and the Chinese yuan. Source gotten

The difference between the black market rate and the official rate is called the parallel market premium. The parallel market premium indicates the degree of divergence between the official and unofficial markets, and reflects the level of confidence in the naira and the CBN’s policies. Source gotten


2.) NEWS HEADLINE: Marseille Sacks Gennaro Gattuso, Replaces Him With 2023 AFCON Flop
February 20, 2024 8nsob


20240220182653_-969363741_2819135111882916579_320_179_75_webp.webp Source gotten

French Ligue 1 club, Marseille, have confirmed the sack of Italian tactician, Gennaro Gattuso, earlier today, February 20.


Former head coach of Ivory Coast, Jean-Louis Gasset who almost led the country to crash out of the 2023 AFCON group stage, has been appointed to replace Gennaro Gattuso.Source gotten

Recall that Gattuso became the coach of Marseille in late September 2023 but couldn’t help them to be as competitive as expected.
He replaced coach Marcelino who led the French club for just three months before he was sacked. Weeks after Marcelino was sacked by Marseille, Spanish La Liga club, Villarreal appointed him.Source gotten

As for Gennaro Gattuso, he was sacked by Marseille when the French giants occupied the 9th spot in the French Ligue 1 table after 7 wins, 9 draws, and 6 defeats in 22 league games.
Gattuso led Marseille to record just 9 wins and suffered 6 defeats in 24 games in all competitions.Source gotten

A statement from the French Ligue 1 club reads: “Olympique de Marseille announces the end of its collaboration with Gennaro Gattuso.
“Marseille would like to extend its special thanks to Gennaro and his entire staff for the unfailing commitment and professionalism they have shown daily, and wishes them all the best for the future.”Source gotten

70-year-old Gasset who led Ivory Coast to two defeats and a win in the 2023 AFCON group stage is expected to push the club to a strong finish in the 2023-2024 French Ligue 1 season.
Recall that Ivory Coast sacked the French tactician after the group stage and his assistant coach, Emerse Fae led the Ivorians to win the 2023 AFCON by beating Nigeria 2-1 in the final on February 11. Source gotten

NB: This news I provided here is as clearly stated by the bloggers with the same link to the contents of the different news.

What is the recent news you have about STEEM price in 2024?(It should be from authentic sources)


According to Jason Conor who is a Verified blogger, stated on the February 19, 2024 about Steem price.

CryptocurrencySteem
💱 Ticker SymbolSTEEM
🏆 Rank364
💸 Market Cap$114,159,950
💲 Price$0.240565
🚀 Trading Volume$12,289,285
📈 Price Change (24h)0.36%
💰 Current Supply456,158,860

Source

Bullish Steem (STEEM) price predictions range between $1.08 and $2.04 by 2030.
Market analysts believe STEEM could reach $0.841979 by 2025.
Bearish Steem market price prediction for 2023 is $0.192452.
Source

Conclusion:

I sincerely thank everyone who dedicated their time to go through my blog post. Thank you for reading and I hope you enjoyed it as well.

My invitees

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Congratulations! Your post has been upvoted through steemcurator08.

Curated by : @josepha
 6 months ago 

Thank you for your support.

 6 months ago 

Such a perfect analysis of everything. Like I was completely speechless seeing the price of dollars rise so quick from 1000 to #1900. The cost of living in Nigeria will definitely increase. Wishing you best of luck in this contest.

 6 months ago 

Yes, that's what I've been telling people, they should enjoy the current situation while it last o because we're about to experience real hardship. with the increment of steem and dollars, i think we steemians will be enjoying the moment.

 6 months ago 

My brother you're right, the current situation shouldn't be a burden to the Steemians and dollar earners. Thank you for your contribution dear.

 6 months ago 

Thank you for the commendation. Like we are really going tough in this country but then, the dollar earns have nothing to loose anyway.

 6 months ago 

Sha. Noted

 6 months ago 

Good analysis about steem price in 2024. I think this bull run year will make people millionaires the same way it did last few years. What's your preferable steem price in 2024? Mine is $1, can't wait. I wish you best of luck.

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 6 months ago 

Through our last week there's was increase in price of crypto currency including steemit. For me I expect steem to reach atleast 1$ this year. You're news is well presented and it's amazing, good luck friend.

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