Business
Exclusive: Naira Plummets As Dollar Soars To Unprecedented High In Black Market Today 13th January 2025
Exclusive: Naira Plummets As Dollar Soars To Unprecedented High In Black Market Today 13th January 2025
The Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx), saw fluctuations on January 12th. At Lagos Parallel Market (Black Market), buyers were trading dollars at N1660, while sellers offered rates…Exclusive: Naira Plummets as Dollar Soars to Unprecedented High in Black Market Today 13th January 2025
up to N1670, according to Bureau De Change (BDC) sources.
Key Highlights:
- Buying Rate: N1660
- Selling Rate: N1670
Please note that these rates are unofficial, as the Central Bank of Nigeria (CBN) does not recognize the parallel market. For forex transactions, individuals are advised to approach banks for official rates.
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