This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N756/$1 and sell for N759/$1.
However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.
News Rain Nigeria reports that in the black market, the players buy a dollar for NN756 and sell for N759 on Monday morning, 19 June 2023.
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