Black Market USD To NGN Exchange Rate For September 18, 2024

Black Market USD To NGN Exchange Rate For September 18,

As of September 17, 2024, the Dollar to Naira exchange rate in the Lagos Parallel Market (Black Market) is as follows…CONTINUE READING 

– **Buying Rate:** N1650
– **Selling Rate:** N1660

Please note that these rates are provided by Bureau De Change (BDC) sources. The Central Bank of Nigeria (CBN) does not officially recognize the black market and advises individuals to conduct forex transactions through their banks.

**CBN Official Exchange Rate (September 17, 2024):**

– **Buying Rate:** N1651
– **Selling Rate:** N1652

Exchange rates may vary, so the actual rates at which you buy or sell forex may differ from those listed here.

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**Trump Launches New Cryptocurrency Platform**

Former U.S. President Donald Trump, along with his sons and key entrepreneurs, introduced a new cryptocurrency platform on Monday night, marking his entry into the digital finance sector. The platform, named World Liberty Financial, was unveiled during a two-hour online presentation that offered limited details.

The new system enables users to acquire digital tokens that grant voting rights on the platform’s decisions. Despite recent reports of an alleged assassination attempt on Trump at his West Palm Beach golf club, the launch proceeded as planned.

World Liberty Financial aims to leverage decentralized finance (DeFi) technology, which facilitates transactions without traditional financial intermediaries like banks. The platform will enable users to lend and borrow cryptocurrencies directly from each other, similar to services provided by platforms like Aave.

Donald Trump Jr. described the initiative as “the start of a financial revolution” during the event, which was streamed on X.com. Cryptocurrency entrepreneurs Zachary Folkman and Chase Herro, key figures in the project, revealed that the platform will primarily use stablecoins—digital currencies backed by traditional fiat currencies, predominantly the U.S. dollar.