The black market dollar to naira exchange rate for July 1st, 2024, has been revealed.
According to sources at the Bureau De Change (BDC), the exchange rate at the Lagos Parallel Market (Black Market) stands at:
– Buying Rate: N1500
– Selling Rate: N1510
Please 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.
For context, the official CBN exchange rate stands at:
– Buying Rate: N1469
– Selling Rate: N1470
Please be aware that Forex prices can vary and may differ from the rates listed in this article.
