See the black market Dollar to Naira exchange rate for 22nd October, 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 N1160 and sell at N1170 on Sunday 22nd October 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 | N1160 |
| Selling Rate | N1170 |
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 831 |
| Selling Rate | 832 |
The Minister of Education, Tahir Mamman, has expressed the federal government’s readiness to commit 25 per cent of Nigeria’s budget to the education sector in the country.
According to the minister, all that President Bola Tinubu is looking for before that happens is justification for the percentage of the nation’s budget to be put into the sector.
The minister said justification to get the federal government to commit 25 per cent of the nation’s budget to education is what he and his team are working on.
He said, “Our government is ready to commit 25% of the budget to education, all the President needs, according to him, are policies that will justify that budget, and that is what we are working on.”
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