Today’s Black Market Exchange Rate For USD To NGN – August 5, 2024

Today’s Black Market Exchange Rate For USD To NGN – August 5, 2024....KINDLY READ THE FULL STORY HERE▶

As of August 4, 2024, the black market exchange rate for the Dollar to Naira in Lagos is as follows: buyers acquire a dollar for N1605, while sellers offer it at N1614, according to Bureau De Change (BDC) sources……… CONTINUE READING

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

**Current Black Market Exchange Rates:**
– **Buying Rate:** N1605
– **Selling Rate:** N1614

**CBN Official Rates:**
– **Buying Rate:** N1599
– **Selling Rate:** N1600

Keep in mind that actual forex rates may vary from those listed here.

—

**FCCPC Accuses Coca-Cola of Misleading Nigerians**

The Federal Competition and Consumer Protection Commission (FCCPC) has accused Coca-Cola Nigeria Limited and the Nigerian Bottling Company of deceptive practices. The FCCPC alleges that these companies have misled consumers into believing that Coca-Cola Original Taste and Coca-Cola Original Taste ‘Less Sugar’ are virtually identical, which constitutes deceptive labeling and unfair marketing.

According to the FCCPC’s statement, this accusation stems from an investigation that began in 2019. The commission highlights potential violations of the FCCPC Act and its Establishment Act, with further regulatory actions and penalties to be determined in due course.

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.

Stay connected via Google News

Follow us for the latest travel updates and guides.