whats the naira to usd rate in the black market in Lagos? I really need this info, thanks,

whats the rate in lagos balck market today?

anybody, please whats today exchange rate in the black market.

N148.25 to 1 dollar as 18th of january 2009

1 Pound Sterling = 228 Naira at Eko Hotel today.

Guys pls update this page daily with current rates, street rates i.e.

1USD = 159Naira, black market

1USD = N173 today (black market - Eko Hotel)

what do you guys do with the figures?

$1=180 naira yesterday night.

naijaking1:

$1=180 naira yesterday night.

. . .interestinq

Dis Guy:

what do you guys do with the figures?

Business, As for me I send loads of money to Nigeria for real estate,

Dis Guy:

what do you guys do with the figures?

We use the rate to determine the best price to buy goods that will be sold in Nigeria. High dollar rate is not good for business unless one does not need to buy back dollar.

Does any one know the rate for today?

I was told 176 naira by someone with shop at Eko Hotel

Today: 170 naira.

http://www.nigeriamasterweb.com/paperfrmes.html

Thanks, Naijaking1

Thanks @ BAC and brauneyes

Today=175

"BusinessDay: http://www.nigeriamasterweb.com/paperfrmes.html

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Home News Naira sags further vs dollar as forex sales dip
Naira sags further vs dollar as forex sales dip
Friday, 06 March 2009 00:10 Anonymous
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The Central Bank of Nigeria (CBN) sold $180 million at 146.28 to the dollar at its twice-weekly foreign exchange auction on Wednesday compared to $202 million sold at 146.02 on Monday, traders said on Thursday.
The naira depreciated as end-users had to resort to the black market as the U.S. dollar supply by the regulator fell short of their demand of $465 million, traders said.
The naira also slipped further to 175 to the dollar on the black market from 170 on Monday. The central bank sold only about 45 percent of a total demand of $849 million at the two auctions this week, increasing pressure on the black market, dealers said.
Analysts attributed the decline in dollar supply to the consistent fall in the foreign exchange reserves of sub-Saharan Africa’s second largest economy.
Nigeria’s forex reserves stood at $48-49 billion, central bank’s governor Chukwuma Soludo said on Wednesday, compared to $51.07 billion on January 23.
The regulator has forbidden commercial banks from reselling dollars bought at its auctions or any other sources on the interbank market, in a step to tighten control on forex supply and help support the naira which has fell by over 20 percent against the dollar in recent months.
The measures have also made the black market the only alternative source for the greenback

Dis Guy:

what do you guys do with the figures?

for various reasons such as

1. BUSINESS
2. ONLINE PURCHASES
3. buying at low rates for SCHOOLING ABROAD
4. to be up to date with the TRENDS

a dollar is 180 today

kings84:

a dollar is 180 today

Thank God. Please update daily.

1US$ = 180 Nigerian Naira as at 40mins ago, lol,

Thank You

N182 to buy $1

Pls, does anyone know where i can buy dollars for online business, i buy @185 @naira 4 dollar. Thanks

djslam:

Pls, does anyone know where i can buy dollars for online business, i buy @185 @naira 4 dollar. Thanks

I can help you. Email me @yahoo.

What is your email addy?

sent money home on wednesday 11/03/2009 at £1 to N240

yahoo finance


$1 = 147
£1 = 207

185 - 189 /1 in the black market

See newspaper article:

http://leadershipnigeria.com/news/149/ARTICLE/8089/2009-03-13.html

N147.7/$

Who knows what it is in the black market sector?

I tried funding my graphcard account but they are charging N191/$. I wonder why that is. Any idea?

Finally. It is N200 to$1
Check out this link below.
http://odili.net/news/source/2009/mar/16/616.html