Current Black Market Exchange Rate: USD To Naira On August 20, 2024

Current Black Market Exchange Rate: USD To Naira On August 20, 2024....KINDLY READ THE FULL STORY HERE▶

As of August 19, 2024, the exchange rate for the Dollar to Naira in the Lagos parallel market, also known as the black market, is as follows: dollars are being bought at ₦1600 and sold at ₦1605, according to Bureau De Change (BDC) sources….. CONTINUE READING

It’s important to note that the Central Bank of Nigeria (CBN) does not endorse the parallel market. The CBN has directed individuals to conduct foreign exchange transactions through authorized banks.

**Black Market Exchange Rates Today:**
– **Buying Rate:** ₦1600
– **Selling Rate:** ₦1605

**CBN Exchange Rates Today:**
– **Buying Rate:** ₦1574
– **Selling Rate:** ₦1575

Please be aware that actual rates may vary from those listed here due to fluctuations in the market.

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**GTBank Confirms Attempted Website Hack**

Guaranty Trust Bank Plc (GTBank) has confirmed an attempt to breach its website domain that occurred shortly after the renewal of its domain name. This incident resulted in a temporary disruption of the website, causing concerns about potential data compromise.

In response, GTBank issued a statement affirming that while the website was targeted, the attempt was unsuccessful and no data was compromised. The bank’s Information Security team is actively working to restore full functionality to the website.

GTBank reassured its customers that their data remains secure and emphasized that no customer information is stored on the website. The bank urged customers to remain confident in its security measures.

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