Business and economy
Black Market Dollar To Naira Exchange Rate Today 24 May 2022
Black market dollar to naira exchange rate today 24 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 ₦605 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 24, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
May 24 dollar to naira black market exchange rate: $1 dollar to naira = ₦605
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N605.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 24 May 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Monday, 23 May 2022.
Even though the dollar to naira opened in the parallel market at ₦605 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 N600 and sell for N605 on Tuesday morning, May 24, 2022, after they bought N598 and sold for N605 on Monday, 23 May 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, May 23, 2022, in Lagos Nigeria, after it opened at #590 last week Monday, May 16, 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.
EFCC Targets Former President Buhari Ministers Over Multi-Billion Naira Fraud Allegations
Beijing half-marathon top three stripped of their medals
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 20th April 2024
2027: Lagos APC Stakeholders Push For Ambode’s Candidacy
Tunde Onakoya Sets 58-Hour New Chess Marathon Record, Pushes For 60-Hour
FOREX: Why Prices Of Goods Will Remain High, Despite Naira Appreciation
Breaking: Police Detain Yahaya Bello’s ADC, Security Details
IMF: Why We Asked Nigeria To Remove Fuel Subsidy
UBA America Strengthens Commercial Diplomacy, Hosts Diplomats, Business Leaders at World Bank Summit in Washington.
Guinness World Record: Davido, Sowore Turn Up To Support Chess Master, Onakoya
Court Discharges, Acquits Ex-AGF Adoke Of Money Laundering
AltBank Walks Against Hunger, Advocates for Education
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 19th April 2024
Top Nigerian Newspaper Headlines For Today, Friday, 19th April, 2024
Resolutions of PDP NEC meeting emerges [FULL TEXT]
Entertainment18 hours agoGuinness World Record: Davido, Sowore Turn Up To Support Chess Master, Onakoya
Business and Brands17 hours agoUBA America Strengthens Commercial Diplomacy, Hosts Diplomats, Business Leaders at World Bank Summit in Washington.
Top Stories18 hours agoCourt Discharges, Acquits Ex-AGF Adoke Of Money Laundering
News3 hours agoBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 20th April 2024
News18 hours agoAltBank Walks Against Hunger, Advocates for Education
News4 hours agoBreaking: Police Detain Yahaya Bello’s ADC, Security Details
Entertainment4 hours agoTunde Onakoya Sets 58-Hour New Chess Marathon Record, Pushes For 60-Hour
Top Stories4 hours agoIMF: Why We Asked Nigeria To Remove Fuel Subsidy