Black Market Dollar To Naira Exchange Rate Today 3 April 2022

Black market dollar to naira exchange rate today 3  April 2022 can be accessed below.

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 ₦588 and the price can change (high or low) within hours.

How much is the exchange rate of Dollar to Naira in Black Market today?

 

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 April 3, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

April 3 dollar to naira black market exchange rate: $1 dollar to naira = ₦588

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N588.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 3 April 2022, in Lagos Nigeria, after it closed N587.00 per $1 on Saturday, 2 April 2022.

 

Even though the dollar to naira opened in the parallel market

at ₦588 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.

 

Newsonline Nigeria reports that at the black market, the players buy a dollar for N585 and sell for N590 on Sunday morning, April 2, 2022, after they bought N581 and sold for N587 on Saturday, 2 March 2022.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, March 28, 2022, in Lagos Nigeria, after it opened at #585 last week Monday, March 21, 2022.

 

 

Disclaimer: NEWSONLINE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

thepublisherngr

Recent Posts

“We’re Done With Atiku” – Presidency Declares, Announces Direction

The Nigerian presidency has dismissed former Vice President Atiku Abubakar’s recent criticisms of President Bola…

2 hours ago

I rejected Deji Adeyanju…. He decided to turn to a civil society activist because he had no job– Wike

In a heated response, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has…

6 hours ago

Breaking: Tinubu Makes Fresh Appointments

President Bola Tinubu, on Thursday, approved the appointment of three Nigerians as directors-general of various agencies…

6 hours ago

BREAKING: Edo PDP Rages As Okpebholo Sacks ‘Civil Servants’

The Edo State chapter of the Peoples Democratic Party (PDP) has expressed deep disappointment and anger over…

15 hours ago

Guard Of Honour Held For Late COAS Lagbaja As Body Arrives In Abuja

The body of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, has arrived…

15 hours ago

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal…

15 hours ago