The dollar to naira exchange rate has plummeted to N1600 at the black market, also known as the parallel market (Aboki fx), as of Monday, August 19, 2024.
According to sources at Bureau De Change (BDC), the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) is N1600 for buying and N1605 for selling. 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.
In a related development, GTBank has confirmed an attempted breach of its website domain, which occurred just a day after the bank renewed its domain name. The attempt led to a temporary disruption of the website, leaving customers unable to access online services and sparking concerns about the potential compromise of customer data.
GTBank reassured its customers that their data remains secure, emphasizing that no customer information is stored on the website.
The bank’s Information Security experts are working diligently to restore the domain settings and ensure the website’s full functionality.
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