Following yesterday’s report, the dollar-to-naira rate is still high despite CBN’s nonstop effort to restore the naira’s value.
Note that CBN doesn’t recognise the parallel market ‘Black Market’.
Forex traders still trade with their respective banks as ordered by the CBN to help restore the value of the naira.
Bureau De Change operators still maintain 1.5% of the selling revenue as they abide by the CBN order.
Dollar to naira today, Friday, 21 June 2024 via Lagos Parallel market: Buy at 1,500 and sell at 1,510, as Bureau De Change BDC disclosed.
How much is a dollar to naira today in the black market?
Currency Buying Rate Selling Rate
USD ₦1,500.00 ₦1,510.00
The inflation rate, against yesterday’s effect and reports, is still at the peak of elevation as merchandisers are still stocked in the market chart of their supposed deals.
They have yet to meet their stock expenditure, which has destroyed high price tags
