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The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1240 and sell at N1280 on Friday 29th March 2024, according to sources atBureau De Change (BDC).
The Nigerian Naira has depreciated in value at the official market, with the exchange rate falling to N1,309.39 to a dollar, according to the latest data from the FMDQ trading platform.
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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