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Home Exchange Rates

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

Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1760 and sell it for N1770 on Thursday, January 16th, 2024.

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

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 16th January 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) was N1750 on Thursday, January 16th, 2024, players bought a dollar for N1750 and sold it for N1760.

 

Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1760 and sell it for N1770 on Thursday, January 16th, 2024.

 

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 RateN1750
Selling RateN1760

Dollar to Naira Black Market Rate FCT, Abuja

Dollar to Naira (USD to NGN)CBN Rate Today
Buying RateN1760
Selling RateN1770

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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