Categories: Naira

Dollar to Naira Exchange Rate Black Market Today, 15th November 2024

Naira remained under pressure against its global counterparts as economic uncertainties continued to impact the local currency.

In the parallel market popularly known as the black market, the United States Dollar was sold at N,1750 while the same was acquired for N1,750. See other details below.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate N1740
Buying Rate N1750

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Selling Rate N1657
Buying Rate N1658

Meanwhile, the Federal Government has disclosed that it has proposed N47.9 trillion as the total expenditure in the 2025 budget.

The Minister of Budget and Economic Planning, Atiku Bagudu, made this known on Thursday.

According to Bagudu, the decision was arrived at the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu.

Bagudu said that the council also approved the medium-term expenditure framework (MTEF) for 2025-2027.

The Minister submitted that the government at the centre pegged the crude oil benchmark at $75 per barrel and oil production at 2.06 million barrels per day (bpd).
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Samed Olukoya
2 months ago

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