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The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1600 and sell at N1610 on Monday 4th March 2024, according to sources atBureau De Change (BDC).
In a statement on Monday, the regulator said the 500 billion offered at the open market operations (OMO) auction was oversubscribed, selling 1.053 trillion.
Please note that theCentral Bank of Nigeria (CBN)does not recognize the parallel market (black market), as it has directed individuals who want to engage inForexto approach their respective banks..
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