Exchange Rate For Black Market Dollar To Naira Today, August 8, 2024

Exchange Rate For Black Market Dollar To Naira Today, August 8, 2024....KINDLY READ THE FULL STORY HERE▶

As of August 7, 2024, the black market exchange rate for USD to NGN in Lagos shows that dollars are being bought at ₦1610 and sold at ₦1620, according to sources from Bureau De Change (BDC)……. CONTINUE READING

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN advises individuals to conduct forex transactions through their banks.

**Current Black Market Rates:**
– **Buying Rate:** ₦1610
– **Selling Rate:** ₦1620

**CBN Official Rates:**
– **Buying Rate:** ₦1592
– **Selling Rate:** ₦1593

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

**Presidency Praises Surge in Daily Crude Oil Output**

The Presidency has announced a significant increase in Nigeria’s daily crude oil production, reaching 1.7 million barrels. This milestone is attributed to President Bola Tinubu’s commitment to revitalizing the oil and gas sector.

Senior Special Assistant to the President on Digital and New Media, O’tega Ogra, highlighted the achievement as a sign of the federal government’s dedication to the industry. He also noted the destruction of 56,000 illegal refineries and 4,480 illegal connections by security agencies in the Niger Delta.

Ogra’s comments follow a report from the “Operation Delta Safe” joint task force, indicating that international oil companies are operating at full production capacity with minimal disruptions. Major Kayode Owolabi from the OPDS Joint Media Campaign Centre confirmed that production levels have been consistent, despite a minor incident of vandalism.

For the latest updates and juicy gossip, dive into the Bushradiogist platform by clicking this link: Bushradio. For advert placement only, shoot a WhatsApp message to 0807 580 6790.