Business

Pounds to Naira black market exchange rate for today September 1, 2024

Pounds to Naira rate at the official and black market exchange rate Today, Sunday, September 1, 2024.

Buy (GBP to NGN): 1 GBP = 2110 NGN

Sell (GBP to NGN): 1 GBP = 2140 NGN

The British Pound has maintained its position against the Nigerian Naira, with a buying rate of 2110 NGN for every 1 GBP, while the selling rate is 2140 NGN for 1 GBP.

This exchange rate information provides valuable insights for individuals and businesses involved in international transactions between the United Kingdom and Nigeria.

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 1st September 2024

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1630
Selling Rate N1640

The local currency opened at N1640 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 N1640 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.

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

Police arrest suspected Yoruba Nation advocates in Osun, recover exhibits

The Osun State Police Command has apprehended suspected members of the proscribed Yoruba Nation group.…

23 hours ago

Lobi Stars gear up for clash clash with Rivers United

Lobi Stars have ramped up preparations for their Nigeria Premier Football League matchday three clash…

1 day ago

Troops ambush terrorists, recover arms, rescue hostages in Kaduna

The Nigerian Army has reported that its troops have effectively neutralized terrorists, recovered weapons, and…

1 day ago

Batshuayi Dismisses Rivalry With Osimhen at Galatasaray

Galatasaray forward, Michy Batshuayi has clarified that there is no rivalry between him and Super…

1 day ago

Ex-military personnel arrested in Bauchi for allegedly defrauding job seekers

The Bauchi State Police Command has arrested a dismissed soldier, Aliyu Adamu, for defrauding three…

1 day ago

Meta introduces Instagram ‘Teen Accounts’ to protect users under 18

Instagram has unveiled a new feature called ‘teen accounts’ designed to enhance the safety of…

1 day ago