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January 14, 2024: Current Exchange Rate for USD to Naira on the Black Market

samuel Ayoola by samuel Ayoola
January 14, 2024
in business
Reading Time: 1 min read
January 14, 2024: Current Exchange Rate for USD to Naira on the Black Market
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As of January 14, 2024, the black market exchange rate for the Dollar to Naira remains unchanged from the previous day, confirmed by GOLDENNEWSNG.

In the Lagos Parallel Market (Black Market), individuals can buy a dollar for N1,260 and sell at N1,265. It is important to note that these rates are not officially recognized by the Central Bank of Nigeria (CBN), as the CBN encourages individuals to engage in forex transactions through their respective banks.

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Naira Slips Against Dollar in Both Official and Black Markets — Here’s the Latest Rates

 

Additionally, the rates mentioned in this article may vary, as forex prices are subject to fluctuations.

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