Today’s Black Market USD To NGN Exchange Rate: March 25th, 2024

Today’s Black Market USD To NGN Exchange Rate: March 25th, 2024

Witness the black market exchange rate for USD to NGN on March 24th, 2024, as disclosed by trusted sources. Discover the current rates for exchanging your dollars to naira……..READ ALSO Black Market Dollar To Naira Exchange Rate Today: 17th March 2024

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What’s the Current Dollar to Naira Rate in the Black Market?

Black Market Exchange Rate for Dollar to Naira Today (Aboki Dollar Rate):

As of March 24th, 2024, at Lagos Parallel Market (Black Market), the buying rate for a dollar stands at N1455, while the selling rate is N1460, as per information obtained from Bureau De Change (BDC) sources.

Kindly note that the Central Bank of Nigeria (CBN) does not endorse the black market (parallel market) exchange rates, directing individuals involved in Forex transactions to liaise with their respective banks.

Black Market Dollar to Naira Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today:

• Buying Rate: N1455
• Selling Rate: N1460

CBN Dollar to Naira Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today:

• Buying Rate: N1447
• Selling Rate: N1448

It’s important to recognize that the Forex rates for buying or selling may deviate from those stated in this report due to market fluctuations.

Price Update: 5kg Cooking Gas Averaged at N6,154.50 in February – NBS

The National Bureau of Statistics (NBS) has observed a surge in the price of cooking gas in Nigeria. In February 2024, the average cost for 5kg of cooking gas rose to N6,154.50, marking a 19.75 percent increase from January 2023 and a 33.78 percent escalation from February 2023.

This uptick signifies mounting financial strain on households nationwide.

Based on the NBS’s “Cooking Gas Price Watch” for February 2024, Lagos State recorded the highest average price for 5kg of cooking gas at N6,820.00, closely followed by Imo and Anambra states.

On the other hand, Yobe State witnessed the lowest average price, with Kebbi and Adamawa also reporting relatively lower figures.

Regionally, the South-East exhibited the highest average price at N6,616.57 for 5kg of cooking gas, with the South-West trailing closely behind.

In contrast, the North-Central zone recorded the lowest average price at N5,723.02.