![Nigeria's new foreign exchange policy is good news - but it can't work wonders for the economy on its own Nigeria's new foreign exchange policy is good news - but it can't work wonders for the economy on its own](https://images.theconversation.com/files/532502/original/file-20230618-17-tgtw0h.jpg?ixlib=rb-1.1.0&q=20&auto=format&w=320&fit=clip&dpr=2&usm=12&cs=strip)
Nigeria's new foreign exchange policy is good news - but it can't work wonders for the economy on its own
Trades & Investments - Convert Nigerian Naira to US Dollar NGN USD 1 NGN 0.00262615 USD 5 NGN 0.0131308 USD 10 NGN 0.0262615 USD 25 NGN 0.0656538 USD 50 NGN 0.131308 USD
![Current Black Market Exchange Rate for USD to NGN - October 27, 2023 - Allmedia24 News - Jobs, Loans, Grants Current Black Market Exchange Rate for USD to NGN - October 27, 2023 - Allmedia24 News - Jobs, Loans, Grants](https://allmedia24.com/wp-content/uploads/2023/10/Naira-dollar-1.png)