By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645

Business

Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645

Olaitan Sodiq
Olaitan Sodiq
Published: June 6, 2025
Last updated: June 6, 2025
1 Min Read
Share
Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645 | Daily Report Nigeria
SHARE

 

 

The dollar to naira exchange rate at the black market, also known as the parallel market, has hit N1645 as of September 5, 2024.”

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

According to sources at Bureau De Change (BDC), the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) is N1635 for buying and N1645 for selling.

In other news, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Corporation Limited (NNPCL) have agreed to sell crude oil to the Dangote refinery in naira. This move is expected to alleviate pressure on foreign exchange by a minimum of 40%, according to Aliko Dangote, CEO of Dangote Refinery.

 

The Dangote refinery is set to supply 25 million liters of fuel per day starting in September 2024 and will increase this amount to 30 million liters daily from October 2024.

 

This initiative aligns with the recent endorsement by the Federal Executive Council (FEC) to conduct transactions involving crude oil sales to the Dangote refinery in naira and purchase petrol products from the refinery in the local currency.

 

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:BDCblack market rateCBNDollar to naira exchange rateParallel MarketTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

War Doesn’t Solve Problems – Pope Leo Warns Amid Iran Escalation
War Doesn’t Solve Problems – Pope Leo Warns Amid Iran Escalation
News
How Goodluck Jonathan Ruined My Family, Career - Sule Lamido
Presidency Slams Lamido Over June 12 Claims, Defends Tinubu’s Pro-Democracy Role
Politics
Nigeria Claim Double Gold at African Flag Football Championship | Daily Report Nigeria
Nigeria Claim Double Gold at African Flag Football Championship
Sports
Owo Massacre Memorial Demolished by Ondo Government, Sparks Public Outrage | Daily Report Nigeria
Owo Massacre Memorial Demolished by Ondo Government, Sparks Public Outrage
News
Sierra Leone’s Maada Bio Replaces Tinubu as ECOWAS Chairman | Daily Report Nigeria
Sierra Leone’s Maada Bio Replaces Tinubu as ECOWAS Chairman
Politics

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Reps Order Arrest of CBN Governor, AGF, 17 Others | Daily Report Nigeria
News

Reps Order Arrest of CBN Governor, AGF, 17 Others

June 15, 2025
Tribunal Dismisses Atiku, Obi Broadcast Application
News

BREAKING: Tribunal Dismisses Atiku, Obi Live Broadcast Application

June 13, 2025
Dependence on Oil Exports Major Cause of Nigeria’s Frail Growth Prospects - World Bank | Daily Report Nigeria
News

Dependence on Oil Exports Major Cause of Nigeria’s Frail Growth Prospects – World Bank

June 13, 2025
Breaking: Court Orders Resident Doctors to Suspend Strike | Daily Report Nigeria
News

Breaking: Court Orders Resident Doctors to Suspend Strike

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?