Business

Black market Dollar to Naira exchange rate today 11th April 2024

Black market dollar to naira Exchange Rate Today 11th April 2024 can be accessed below.

This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N1200$1 and sell for N1210/$1. However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate to Naira in the Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to Naira exchange rate: Dollar to Naira Black Market Rate Today 11th April 2024

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1200
Selling Rate N1210

The local currency opened at N1210 per $1 at the parallel market otherwise known as the black market today, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N1210 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

IDOMA VOICE reports that in the black market, the players buy a dollar for N1200 and sell for N1210 on

Thursday 11th April 2024.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

Tension as new terrorist group ‘LAKURAWAS’ emerges in Nigeria

The Sokoto State Government has raised alarms about the emergence of a new terrorist group…

7 mins ago

Ujah: Ministry of Education breaks silence on suspension of FUHSO VC, issues fresh order

The Federal Ministry of Education has formally addressed the suspension of Prof. Innocent A.O. Ujah…

38 mins ago

‘Herdsmen after our women’ – Idoma community raises alarm

Residents of Ukwonyo community in the Ufia axis of Ado Local Government Area, Benue State,…

48 mins ago

FUHSO: Why we suspended Prof Ujah as Otukpo varsity Vice Chancellor – Governing Council

The Governing Council of the Federal University of Health Sciences, Otukpo, has explained why it…

55 mins ago

Baltasar Engonga: Fresh update emerges over leaked tapes of Equatorial Guinea official

The Director General of the National Financial Investigation Agency, in Equatorial Guinea, Baltasar Engonga, has…

2 hours ago

Tinubu makes fresh appointment

President Bola Ahmed Tinubu has appointed Abdulrazak Yusuf Tukur as the National Commissioner for the…

3 hours ago