See the black market Dollar to Naira exchange rate for 20th September, 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 N1655 and sell at N1665 on Friday 20th September 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 | N1655 |
| Selling Rate | N1665 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1593 |
| Selling Rate | N1594 |
Meanwhile the Central Bank of Nigeria (CBN) has approved a new chairman and board of directors for Keystone Bank.
This was confirmed in a statement on Wednesday by Keystone bank, in which it noted that the move was part of the apex bank’s strategy to ensure sustained growth for the financial institution.
The CBN appointed a new board chairman, five non-executive directors and two new directors.
Naija News recalls the CBN had confirmed in January that it had dissolved the board and management of Union Bank, Keystone Bank, and Polaris Bank.
The apex bank, in a statement signed by its acting director of Corporate Communications, Sidi Ali Hakama, said the move became necessary due to the non-compliance of these banks and their respective boards with the provisions of Section 12(c), (f), (g), (h) of Banks and Other Financial Institutions Act, 2020.
According to the fresh statement on Wednesday, Lady Ada Chukwudozie has been appointed as the new board chairman.
The five other non-executive directors are Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.
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