In the latest development in the foreign exchange market, the black market exchange rate for the Dollar to Naira has been reported at N1230 for selling and N1220 for buying. This update, as of Wednesday, 3rd January 2024, reflects the rates observed at the Lagos Parallel Market, commonly known as the black market.
It’s crucial to highlight that these rates are not recognized by the Central Bank of Nigeria (CBN), as the institution directs individuals to conduct their foreign exchange transactions through authorized banks.
READ ALSO: Police Recruitment: Check Your Police Screening Date, Time, and Venue
For those seeking the official rates, the CBN provides a buying rate of 913 Naira and a selling rate of 914 Naira for the Dollar to Naira exchange. However, it’s essential to note that actual transaction rates may vary, as prices fluctuate in the forex market.
As individuals navigate the dynamic foreign exchange landscape, it’s advisable to stay informed and, if engaging in forex transactions, to adhere to the guidelines set by regulatory authorities.
JOIN NOW
https://t.me/PAWSOG_bot/PAWS?startapp=6ZSAPFb3
Google News Channel
Follow us on Google News for Latest Headlines
Join Our WhatsApp, Facebook, or Telegram Group For More News, Click This Link Below;
WhatsApp Channel
https://whatsapp.com/channel/0029VaELqhlHVvTXjDnUf80h
WhatsApp Group
https://chat.whatsapp.com/G6Lo3ss6WKLCOqBphZwQGk
Facebook Page
https://facebook.com/allmedia24news
Our Twitter Page
https://www.twitter.com/allmedia24news
Telegram Group
https://www.threads.net/@allmedia24news
