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Home Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 16 March 2025

Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1585 and sell it for N1590 on Sunday, March 16, 2025.

by NewsOnline Nigeria
March 16, 2025
in Exchange Rates
0
Naira

Naira X Tinubu

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 16 March 2025.

 

NewsOnline Nigeria has obtained the official naira black market exchange rate in Lagos and FCT, Abuja today including the Black Market rates, Bureau De Change (BDC), and CBN rates.

 

According to Bureau De Change (BDC) sources in the Ogba and Ikeja axis of Lagos state, the exchange rate for a dollar to naira at the Parallel Market (Black Market) is N1590 on Sunday, March 16, 2025, players bought a dollar for N1585 and sold it for N1590.

 

ALSO: INEC Commences Formulation Of 2027 General Elections Project Plan

 

Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1585 and sell it for N1590 on Sunday, March 16, 2025.

 

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

 

Dollar to Naira Black Market Rate Lagos

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN1585
Selling RateN1590

Dollar to Naira Black Market Rate FCT, Abuja

Dollar to Naira (USD to NGN)CBN Rate Today
Buying RateN1585
Selling RateN1590

Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary from state to state across Nigeria.

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