The current exchange rate for the Dollar to Naira in the black market, also known as the parallel market, is as follows: Buyers purchase a dollar for N1355 and sell at N1360, as reported on Wednesday, May 1st, 2024, by sources at Bureau De Change (BDC) in Lagos. It’s essential to note that while the black market provides these rates, the Central Bank of Nigeria (CBN) does not recognize this market and advises individuals to conduct foreign exchange transactions through their respective banks.
Please note that the rates can fluctuate due to market forces.
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