Black Market Dollar (USD) To Naira (NGN) Exchange Rate Update For July 18th, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Update For July 18th, 2024

Here are today’s black market exchange rates for the dollar to Naira as of July 17th. You can exchange your dollars at the following rates……… CONTINUE READING 

In Lagos’ parallel market, the buying rate for one dollar is N1600, and it is sold at N1615, sourced from Bureau De Change (BDC) reports.

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market, advising individuals to approach commercial banks for forex transactions.

For today, the CBN’s official rates are: buying at N1572 and selling at N1573 for one US dollar.

Keep in mind that actual rates may vary from those reported here due to market fluctuations.

In other news, JAMB has instructed higher institutions not to commence the 2024 admission processes until after its upcoming policy meeting on July 18th in Abuja.