VERY SERIAL news platform has obtained the exchange rate of the dollar to naira black market today, August 25th, 2023 in Nigeria. This includes the black market rates obtained from Bureau De Change (BDC) operators in Lagos and Abuja and the CBN rate.

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N900 and sell at N920 on Thursday, 24th August 2023, according to data obtained by VERY SERIAL from Bureau De Change (BDC) operators.

How much is dollar to naira today in black market August 25th, 2023?

The naira on Thursday, 24th August, 2023 crashed in value by 4.54 per cent against the United States dollar at the black market to trade at N920/$ as against N880/$ it traded on Wedneday. This is according to data obtained by VERY SERIAL from Bureau De Change (BDC) operators in Lagos and Abuja and from other media sources. This means 1 USD is purchased at N900 at the black market and sold at N920, resulting to a profit of N20 per dollar.

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 900
Selling Rate 920

SOURCE: https://www.veryserial.com/dollar-to-naira-black-market-exchange-rate/