Business and economy
Black Market Dollar To Naira Exchange Rate Today 21 May 2022
Black market dollar to naira exchange rate today 21 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 ₦598 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 21, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
May 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦598
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N598.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 21 May 2022, in Lagos Nigeria, after it closed at N597.00 per $1 on Thursday, 20 May 2022.
Even though the dollar to naira opened in the parallel market at ₦598 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 maket, the players buy a dollar for N595 and sell for N598 on Saturday morning, May 21, 2022, after they bought N595 and sold for N598 on Friday, 20 May 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦590 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.
Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe
Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB
NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024
My husband assaulted me, ruined my career – Olajumoke Onibread
“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President
Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget
2027: “No vacancy for non-indigenes in Alausa” – Lagos youths tell Seyi Tinubu
Biafra Activist Simon Ekpa Arrested in Finland Over Terrorism
‘Don’t Waste Your Time Again In 2027’: Bode George Begs Atiku (Video)
Appeal Court Overturns Judgment On Rivers LG Elections
National Assembly Passes Bill For Life Imprisonment For Drug Traffickers
Senate Approves Tinubu’s $2.2bn Loan Request
2023 Presidential Poll Not Rigged – Okupe To Peter Obi
Ohanaeze Ndigbo Speaks On What Simon Ekpa’s Arrest Means For Igbo Nation
Car Dealer Surprises Davido With Brand New Escalade To Celebrate His Birthday
News19 hours agoAppeal Court Overturns Judgment On Rivers LG Elections
News12 hours agoWhy Seyi Tinubu Can’t Be Lagos Governor- Igbokwe
Top Stories18 hours ago“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President
Top Stories19 hours ago2027: “No vacancy for non-indigenes in Alausa” – Lagos youths tell Seyi Tinubu
Top Stories14 hours agoSimon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB
Politics19 hours ago‘Don’t Waste Your Time Again In 2027’: Bode George Begs Atiku (Video)
News18 hours agoMy husband assaulted me, ruined my career – Olajumoke Onibread
Top Stories19 hours agoNational Assembly Passes Bill For Life Imprisonment For Drug Traffickers