Lagos parallel market News
Latest articles and news about Lagos parallel market on AXL Media.
Latest Articles
- Dollar to Naira Exchange Rate Today: Parallel Market Holds at ₦1,410 While Official Rates Stabilize
Published: Apr 14, 2026
Section: Africa
As of April 14, 2026, the US Dollar is trading at ₦1,410 in the parallel market, with Bureau De Change operators buying at ₦1,393. Official CBN rates remain lower, with the naira t...
- Naira maintains narrow trading range as parallel market sellers hold Dollar at 1408
Published: Apr 8, 2026
Section: Africa
The Nigerian Naira demonstrated relative stability on April 8, 2026, with black market operators in Lagos maintaining a selling price of 1408 per Dollar. While the Central Bank of...
- Naira Trades at 1408 Against US Dollar in Parallel Market as Central Bank Maintains Lower Official Rates
Published: Mar 20, 2026
Section: Africa
The Nigerian Naira is currently trading at 1408 per US Dollar in the unofficial parallel market, while the Central Bank of Nigeria maintains a significantly lower official rate bet...