Black Market

Official Dollar Rate Surpasses N800, USD, Pound, Euro Prices Rise In Black Market

FMDQ Exchange, the official market aggregator, reported the naira to dollar exchange rate closed at N782.49/$1 on Wednesday. The United… Read More

10 months ago

Banks Are Formalising Black Market Operations, BDC Chief Says, Laments Exclusion

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said banks are now formalising… Read More

10 months ago

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

The Dollar was offered to traders in the official market at the rate of N462.33/$1 by the close of business… Read More

12 months ago

Black Market Dollar Rate Now N291.75kobo Above Official Market, Pound Hits N950

The gap between the black market and the official window in the foreign exchange (Forex) market is ₦291.75 kobo according… Read More

1 year ago

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency… Read More

1 year ago

Dollar To Naira Rate Hits N461.50kobo In Official Market, Drops In Black Market

The United States Dollar appreciated against the Nigerian currency, Naira, on Monday, 27 March 2023, as the exchange rate closed… Read More

1 year ago

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira… Read More

1 year ago

Black Market’s Dollar Rate Now N290 Above Official Market

The Naira to Dollar exchange rate in the official market depreciated on Tuesday, 14 March 2023, as the Nigerian currency… Read More

1 year ago

Dollar Rate Rises In Official Window, Falls In Black Market

The value of foreign exchange (Forex) transacted on Thursday, 3 March 2023, dropped when compared to the previous day’s transaction.… Read More

1 year ago

Mixed Fortunes For Forex Markets: How Tinubu’s Win Will Affect Dollar Rate

The United States Dollar (USD) gained against the Naira in the black market on Thursday, 2 March 2023, as the… Read More

1 year ago

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