See the black market Dollar to Naira exchange rate for 1st December, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1162 and sell at N1165 on Friday 1st December 2023, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | N1162 |
Selling Rate | N1165 |
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | 941 |
Selling Rate | 942 |
The Nigerian Upstream Petroleum Regulatory Commission has ordered Chevron Nigeria Limited to comply with the Petroleum Industry Act in establishing the Host Communities Development Trust Fund Board in Warri South, Delta State.
The regulatory intervention by NUPRC comes in response to a dispute between Chevron and the Ugbororo, Ugbegugun, and Denbele communities regarding the composition and nomenclature of the trust fund. In an effort to bring resolution to the matter, NUPRC has mandated both parties to maintain a peaceful atmosphere until a resolution is achieved.
A press release from the Commission’s Head of Public Affairs & Communication Unit, Olaide Shonola, conveyed that these directives were issued following a meeting between the conflicting parties and NUPRC’s Chief Executive, Engr Gbenga Komolafe, in Abuja.
During the meeting, Engr. Komolafe urged the parties involved to uphold the existing status quo and ensure peace prevails in the operational area. He said the regulator is committed to ensuring that the appropriate actions are taken promptly.
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