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Black Market Dollar to Naira Exchange Rates for July 23rd, 2026
Photo: Naija News
2026-07-23 07:54   Economy   10

Black Market Dollar to Naira Exchange Rates for July 23rd, 2026

The article discusses the current dollar to naira exchange rates in the black market (Aboki fx) as of July 22nd, 2026.According to sources at Bureau De Change (BDC), Lagos Parallel Market players are selling a dollar for ₦1415 and buying at ₦1405.

It's important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and advises individuals to approach their banks for forex transactions.The article also highlights the CBN's official rates, with the highest rate at ₦1378 and the lowest at ₦1365.However, the actual rates may vary depending on the market and the institution involved.The piece emphasizes the importance of being cautious with forex transactions and seeking reliable sources for accurate exchange rates.It also mentions that the CBN's rates are different from the black market rates, which can fluctuate rapidly.The article serves as a guide for individuals looking to understand the current exchange rates and make informed financial decisions.

Full reading at Naija News

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