See Exchange Rate Tonight As Naira Falls Massively At Black Market

Naira has Fallen Massively At The Black Market, Selling Above N1,600 For One Dollar. Parallel market operators are quoting a buy price above N1,600/$1 for holders of naira looking to buy dollars, as the local currency faces rising pressure......Read The Full Article>>.....Read The Full Article>>

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A quick check on the streets of Lagos showed that a dollar was bought between N1560- N1590 and sold between N1600 and N1615.

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According to FMDQ data, the Naira fell to N1,581.65 against the Dollar on Wednesday from N1,576.66 on Tuesday.

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FX transaction turnover also decreased to $108.16 million compared to $138.17 million the day before.

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