According to data gathered from black market foreign exchange traders, the dollar-to-naira exchange rate today is as follows:…..READ THE FULL ARTICLE HERE
Buying Rate: N1530/$1
Selling Rate: N1540/$1
However, traders emphasize that the rate may fluctuate based on the transaction type (cash or transfer). Transactions involving physical cash typically yield higher rates.
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Lagos Parallel Market Rates Today
Dollar to Naira Exchange Rate: N1530/$1 (Buying) and N1540/$1 (Selling)
Naira Opening Price in Lagos
N1540/$1
Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market exchange rate. The CBN directs individuals seeking foreign exchange to access it through authorized banks, as the Investors and Exporters (I&E) window remains the only recognized official exchange platform.
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