The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N730 and sell at N740 on Saturday 6th May 2023, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N730 |
| Selling Rate | N740 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
World Bank Gets New President [Photo]
The World Bank Group’s executive directors has selected a former chief executive officer (CEO) of Mastercard, Ajay Banga, as president.
Naija News reports that the appointment was disclosed in a statement on the Banks website on Wednesday.
The Bretton Woods institution revealed that Banga’s five-year term as president is slated to begin on June 2, 2023.
The World Bank said its executive board looked forward to working with Banga on its evolution process, as discussed at the April 2023 Spring Meetings.
The bank affirmed its readiness to work with Banga on all its ambitions and efforts aimed at tackling the toughest development challenges facing developing countries.
“Ajay Banga is a co-founder of The Cyber Readiness Institute and was Vice Chair of the Economic Club of New York,” the World Bank said.