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Home Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 16th March 2024

See the black market Dollar to Naira exchange rate for 16th March, below. You can swap your dollar for Naira at these rates.

by NewsOnline Nigeria
March 16, 2024
in Exchange Rates
0
Naira

Naira X Tinubu

Black Market Dollar To Naira Exchange Rate Today 16th March 2024 can be accessed below.

 

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

 

See the black market Dollar to Naira exchange rate for 16th March, below. You can swap your dollar for Naira at these rates.

 

READ ALSO: Monday, Tuesday Declared General Public Holiday For All

 

How much is a dollar to naira today in the black market?

 

Dollar to naira exchange rate today black market (Aboki dollar rate):

 

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1650 and sell at N1,670 on Saturday 16th March 2024, according to sources at Bureau De Change (BDC).

 

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 Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN1,650
Selling RateN1,670

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)CBN Rate Today
Buying Rate1,650
Selling Rate1,650

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

 

Nigeria’s GDP Jumped By 3.46% – NBS

 

Nigeria’s Gross Domestic Product (GDP) expanded by 3.46 per cent in the fourth quarter (Q4) of 2023.

 

This was revealed by the National Bureau of Statistics (NBS) in its latest report stating that the growth rate was slightly lower than the 3.52 per cent growth seen in the same quarter last year but higher than the 2.54 per cent growth recorded in the second quarter (Q2) of 2023.

 

The NBS revealed these findings in its Q4 GDP report released on Thursday, attributing the growth primarily to the services sector, which experienced a 3.98 per cent increase.

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