Business

Naira Plunges To All-Time Low Against Dollar

VOICE AIR MEDIA, News Update

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1310 and sell at N1320 on Tuesday 16th January 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.

Naira Exchanges For N1,310/$ At Parallel Market on Wednesday

The Nigerian currency experienced mixed outcomes in different foreign exchange markets on Monday, with the Naira trading at N1,310 against the US dollar in the physical black market.

VAM News

Recent Posts

Popular Gospel Musician Taiwo Adegbodu Twins Dies

THE Nigerian gospel music scene has been plunged into grief following the death of Taiwo…

18 hours ago

Female officer dies after NSCDC vehicle accident during show of force

News Update A female operative of the Nigeria Security and Civil Defence Corps, NSCDC, has…

1 day ago

Explosions in Israel as Iran strikes; Trump declares ‘major combat operations’

News Update Explosions were heard in the Haifa area in northern Israel on Saturday following…

2 days ago

Celebrating a Defender of the Oppressed, OOPA Congratulates Sodiq Lawal on His Birthday

Osun Online Publishers Association Celebrates Comrade Sodiq Lawal of Dailyimpact on His Birthday The leadership…

2 days ago

Edo State, Governor Okpebholo Vows to Resign If…

Edo State Governor, Monday Okpebholo, has said he will relinquish his seat if President Bola…

2 days ago

FG to train over six million youths in agric skills

THE Federal Government has unveiled a partnership initiative aimed at equipping over six million Nigerian…

2 days ago