Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4 June 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

The Nigerian economy has long been subject to the fluctuations of the dollar to naira exchange rate, a factor that significantly impacts both the formal and informal financial sectors. Despite the Central Bank of Nigeria’s (CBN) continuous efforts to stabilize the naira, the black market—often referred to as the parallel market—remains a persistent element of … Read more