IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦576 and the price can change (high or low) within hours.
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES March 6, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
The local currency opened at N577.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 6 March 2022, in Lagos Nigeria, after it closed N576.00 per $1 on Saturday, 5 March 2022.
Even though the dollar to naira opened in the parallel market at ₦577 per $1 today, Newsonline reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
The Publisher Nigeria gathered that at the black market, the players buy a dollar for N572 and sell for N577 on Sunday morning, March 6, 2022, after they bought N572 and sold for N577 on Saturday, 5 March 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦576 in Parallel Market also known as Black Market on Monday, February 28, 2022 in Lagos Nigeria, after it opened at 575 last week Monday, February 21, 2022.
President Bola Ahmed Tinubu has approved the reconstitution of the executive management teams for 12…
The Minister of the Federal Capital Territory, Nyesom Wike, has revoked 762 plots of land…
Pan-Yoruba socio-cultural group, Afenifere, has urged the Nigerian police to redeem their integrity by promptly ending…
Senate President Godswill Akpabio has urged President Bola Tinubu to warn intransigent ministers in his…
Bankit Africa, a rapidly growing Pan-African Fintech company, is proud to announce its official launch…
The disclosure was made in NERC’s December 2024 Multi-Year Tariff Order (MYTO) report, published on…