Today’s Black Market Dollar To Naira Exchange Rate – August 3, 2024

Today’s Black Market Dollar To Naira Exchange Rate – August 3, 2024

In the black market, also known as the parallel market (Aboki fx), the exchange rate for the dollar to naira on August 2, 2024, is as follows:……… CONTINUE READING 

– **Buying Rate:** ₦1600
– **Selling Rate:** ₦1610

This information is sourced from Bureau De Change (BDC) operators in Lagos.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN advises individuals seeking foreign exchange to use their respective banks.

**CBN Dollar to Naira Exchange Rate for Today**

– **Buying Rate:** ₦1599
– **Selling Rate:** ₦1600

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

**Cost of a Healthy Meal in Nigeria – June Report**

According to the National Bureau of Statistics (NBS), Nigerians spent ₦1,241 on average for one healthy square meal in June, up from ₦1,041 in May, marking a 19.2% increase. This measure reflects the least expensive combination of locally available items that meet dietary guidelines, excluding transportation and meal preparation costs.

Regional variations were noted, with residents of the South West spending ₦1,545 on a healthy meal, while those in the North East spent ₦956.

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