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Latest Update: Black Market Dollar To Naira Exchange Rate On January 2, 2024

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View the Dollar to Naira exchange rates in the black market for January 1st below. These rates indicate the buying and selling values for exchanging your dollars to Naira…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

In Lagos Parallel Market (Black Market), traders reportedly buy a dollar for N1210 and sell at N1215 as of Monday, January 1st, 2024, according to sources in the Bureau De Change (BDC).

It’s important to note that the Central Bank of Nigeria (CBN) officially does not recognize the parallel market (black market), directing individuals engaged in Forex transactions to approach their respective banks.

Dollar to Naira Black Market Rate Today:

  • Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
    • Buying Rate: N1210
    • Selling Rate: N1215

Dollar to Naira CBN Rate Today:

  • Dollar to Naira (USD to NGN) CBN Rate Today
    • Buying Rate: 898
    • Selling Rate: 899

Keep in mind that the rates for buying or selling forex may vary from those presented in this article as prices fluctuate.

In a recent report by the National Bureau of Statistics (NBS), it was disclosed that 27 states in Nigeria did not attract any foreign investments during the first nine months of 2023. This slight decrease from the first half of the year, where 28 states recorded zero foreign investments, raises concerns about the investment climate in these states.

The list of the 27 states that attracted no foreign investments in the first nine months of 2023:

  1. Bauchi
  2. Bayelsa
  3. Benue
  4. Borno
  5. Cross River
  6. Delta
  7. Ebonyi
  8. Edo
  9. Enugu
  10. Gombe
  11. Imo
  12. Jigawa
  13. Kaduna
  14. Kano
  15. Katsina
  16. Kebbi
  17. Kogi
  18. Kwara
  19. Nasarawa
  20. Osun
  21. Oyo
  22. Plateau
  23. Rivers
  24. Sokoto
  25. Taraba
  26. Yobe
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