See the black market Dollar to Naira exchange rate for 8th January, 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 N1240 and sell at N1245 on Monday 8th January 2024, 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 | N1240 |
Selling Rate | N1245 |
Dollar to Naira (USD to NGN) | CBN Rate Today |
Buying Rate | 877 |
Selling Rate | 878 |
The Central Bank of Nigeria (CBN) has disbursed about $61.64 million to foreign airlines operating in the country as part of efforts to decrease its outstanding liability to the airlines.
The CBN acting Director, Corporate Communications Department, Hakama Sidi, who made this known in a statement yesterday, disclosed that the disbursement was done through various Deposit Money Banks (DMBs) in the country.
She added that the apex bank has also redeemed outstanding forward liabilities amounting to about $2 billion in the past three months, taking the total to about $2.062 billion.
Sidi explained that the move is further confirmation of the CBN’s resolve to eliminate the backlog of pending matured foreign exchange in banks as well as dousing pressure on the exchange rate.
Eko Electricity Distribution Company (EKEDC) has urged its customers to avoid paying individuals and unauthorized…
As part of its unwavering commitment to environmental preservation, Japan Tobacco International Nigeria, a member…
African Voices Playmakers, CNN International’s magazine programme, will this week host world renowned playwright, dramatist,…
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank,…
Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company…
A 40-year-old man identified as Jibrin Adamu has committed su!cide by hanging himself in Marika…