Dollar To Naira Rate Today February 5, 2024

What is the black market Dollar to Naira rate today February 5, 2024?

The Eagle reports that the Dollar to Naira exchange rate today February 5, 2024 trades at N1455/$.

This is according to black market operators in lagos and Abuja.

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The local currency gained against the greenback, following news of the CBN’s alleged plan to convert $30 billion worth of Dorm accounts to Naira. Although, this was debunked by the Apex bank.

In the Peer2Peer trading segment, the local company retains a flat trade to sell at N1500/$.