Nigerian Black Market Dollar to Naira Exchange Rates Revealed

The article discusses the black market exchange rates for the dollar to naira in Nigeria on January 16th, 2026, with selling rates at 1500 naira and buying rates at 1480 naira per dollar. The rates were sourced from the Lagos market.
The article emphasizes that it does not recognize the parallel black market and advises individuals to approach banks for official transactions.
Plus234Feed summary based on reporting from Naijanews. Read the original report below.
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