Amid ongoing market volatility, the black market exchange rate between the US dollar and Nigerian naira remains disparate from official rates.
As of today, April 23, 2024, the black market rates are as follows:
Buying Rate: ₦123,000
Selling Rate: ₦125,000
This indicates that to purchase 100 US dollars in the black market, you will need ₦123,000. Conversely, selling 100 US dollars will yield ₦125,000. CONTINUE READING
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