Black Market Dollar to Naira Exchange Rate: The Latest Update
Get the latest black market dollar to naira exchange rate for 22nd November, 2024. This is the rate at which you can exchange your dollar for naira.
The Current Dollar to Naira Exchange Rate in the Black Market
Dollar to Naira Exchange Rate Today: Black Market Update
According to Bureau De Change (BDC) sources, the black market dollar to naira exchange rate in Lagos has been pegged at N1750 for buying and N1755 for selling on Friday, 22nd November 2024. Please note that this rate is not recognized by the Central Bank of Nigeria (CBN), as it has directed individuals who want to engage in foreign exchange transactions to approach their respective banks.
Black Market Dollar to Naira Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1750 |
| Selling Rate | N1755 |
CBN Dollar to Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1664 |
| Selling Rate | N1665 |
Important Note
Keep in mind that the rates you buy or sell foreign exchange may differ from what is listed in this article, as prices can vary.
Breaking News: Dangote Petroleum Refinery Starts Exporting Refined Petroleum Products to Neighbouring West African Nations
A recent report by Bloomberg revealed that a tanker has transported a shipment of gasoline from the Dangote Refinery to waters near Togo, marking the refinery’s official entry into the regional fuel market.
This development aligns with earlier remarks by Mustapha Abdul-Hamid, Chairman of Ghana’s National Petroleum Authority, who announced plans for Ghana to source petroleum products from the Dangote Refinery.
Abdul-Hamid explained that importing fuel from Nigeria instead of Europe could save Ghana up to $400 million monthly and reduce freight costs, which would, in turn, lower the prices of goods and services.
