FOREX CRISIS: Naira Nears N1000/1$, Raises Concerns Amid CBN Probe

14th May 2023: See How Much Dollar Is Exchanged To Naira At The Black Market Today

by Victor Ndubuisi
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According to insiders at the Bureau De Change (BDC), on Saturday, May 13, 2023, participants at the Lagos Parallel Market (Black Market) would buy a dollar for N740 and sell it for N750.

Please be aware that the Central Bank of Nigeria (CBN) has instructed anyone who want to trade in foreign exchange to go to their local banks and does not recognize the parallel market (black market).

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Black Market Exchange Rate: Dollar to Naira Today’s rates are N740 for buyers and N750 for sellers.

Please be aware that because prices vary, the rates at which you purchase or sell currency may differ from those described in this article.

 

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