The black market dollar to naira exchange rate for July 10th is now available.
According to sources at the Bureau De Change (BDC), the exchange rate at the Lagos Parallel Market (Black Market) stands at:
– Buying Rate: N1540
– Selling Rate: N1550
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 to approach their respective banks.
For context, the official CBN rate stands at:
– Buying Rate: N1548
– Selling Rate: N1549
Keep in mind that Forex prices can vary, and the rates in this article may differ from what you get when buying or selling.