The black market dollar to naira exchange rate for July 4th, 2024, has been revealed.
According to sources at Bureau De Change (BDC), the exchange rate at Lagos Parallel Market (Black Market) stands as follows:
– Buying rate: N1515
– Selling rate: N1520
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has directed individuals seeking to engage in Forex transactions to approach their respective banks.
Meanwhile, the official CBN rate stands at:
– Buying rate: N1510
– Selling rate: N1511
Please be aware that forex prices can vary and may differ from the rates captured in this article.