See the black market Dollar to Naira exchange rate for 10th August, below. You can swap your dollar for Naira at these rates. The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market).....See Full Story>>.....See Full Story>>
players buy a dollar for N1580 and sell at N1590 on Saturday 10th August 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Buying Rate | N1580 |
| Selling Rate | N1590 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Buying Rate | N1583 |
| Selling Rate | N1584 |
Dangote Refinery has said it was yet to receive the 29 million barrels of crude oil the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it allocated to the refinery.
Dangote Refinery said it wants Nigerian refineries to be able to buy crude directly from the companies that produce as specified in the Petroleum Industry Act.
In a statement on Friday, Group Chief, Branding and Communications Officer of Dangote Refinery Anthony Chiejina accused NUPRC of being unable to enforce domestic crude supply obligations to Nigeria refineries as specified in the PIA Act.