News
Black Market Dollar To Naira Exchange Rate Today 10 May 2022
Black market dollar to naira exchange rate today 10 May 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 May 10, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
May 10 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, Tuesday, 10 May 2022, in Lagos Nigeria, after it closed at N587.00 per $1 on Monday, 9 May 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 on the black market, the players buy a dollar for N585 and sell for N588 on Tuesday morning, May 10, 2022, after they bought N582 and sold for N587 on Monday, 9 May 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, May 9, 2022, in Lagos Nigeria, after it opened at #587 last week Monday, May 2, 2022.
Disclaimer: CITYNEWS 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.
Tinubu promotes Acting Chief of Army Staff, Oluyede to Lt Gen
Digital Transformation: Maida, Kekere-Ekun Speak At NCC’s Annual Workshop for Judges in Lagos
Breaking: House Of Reps Finance Committee Visits FIRS
BREAKING: Tinubu govt drops treason charges against EndBadGovernance protesters
#USRoadToWhiteHouse2024: Trump-Harris polls remain tied in battleground states…
#USElection2024 Live Updates: Trump Vs Harris…Latest Results…Latest Polls
Prince Harry and Meghan Markle pursue separate projects
#USElection2024: Trump, Harris close campaign in swing states on eve of deadlocked election
‘He’s With Us’, EFCC Confirms Ex-Gov Okowa’s Arrest Over N1.3trn Diversion
Breaking: Tinubu Makes Fresh Appointment
Hardship: We’ll No Longer Watch Anyone Insult Tinubu – Doyin Okupe Vows
BBNaija’s Dorathy goes naughty on her birthday(Photos)
I didn’t lose 2023 election, you stole it – Atiku to Tinubu
Breaking: Tinubu Directs Release Of Minors Arraigned For Hunger Protests
Eniola Ajao reveals why she nearly poisoned herself
News19 hours agoBreaking: Tinubu Makes Fresh Appointment
News16 hours ago#USElection2024 Live Updates: Trump Vs Harris…Latest Results…Latest Polls
Top Stories19 hours agoHardship: We’ll No Longer Watch Anyone Insult Tinubu – Doyin Okupe Vows
Top Stories19 hours ago#USElection2024: Trump, Harris close campaign in swing states on eve of deadlocked election
Top Stories11 hours agoDigital Transformation: Maida, Kekere-Ekun Speak At NCC’s Annual Workshop for Judges in Lagos
Top Stories12 hours agoBreaking: House Of Reps Finance Committee Visits FIRS
Politics19 hours ago‘He’s With Us’, EFCC Confirms Ex-Gov Okowa’s Arrest Over N1.3trn Diversion
Entertainment19 hours agoPrince Harry and Meghan Markle pursue separate projects