See the black market Dollar to Naira exchange rate for 14th November, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1135 and sell at N1140 on Tuesday 14th November 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1135 |
| Selling Rate | N1140 |
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 844 |
| Selling Rate | 845 |
A global financial advisory service company, KPMG has projected that headline inflation in Nigeria will reach 30 per cent by December 2023.
Naija News reports that in September 2023, headline inflation rose to 26.72 per cent, up from 25.80 per cent in the previous month.
The figure marked the ninth consecutive rise in the country’s inflation rate this year.
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