News
Black Market Dollar To Naira Exchange Rate Today 16 June 2022
Black market dollar to naira exchange rate today 16 June 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 ₦609 and the price can change (high or low) within hours.
BREAKING: Naira Falls Massively First Day Of June 2022, See New Exchange Rate
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 June 16, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
June 16 dollar to naira black market exchange rate: $1 dollar to naira = ₦609
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market today Thursday, 16 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Wednesday, 15 June 2022.
Even though the dollar to naira opened in the parallel market
at ₦609 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 N605 and sell for N609 on Thursday morning, June 16, 2022, after they bought N605 and sold for N609 on Wednesday, 15 June 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦609 in Parallel Market also known as Black Market on Monday, 13 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday, 6 June 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.
Funke Akindele’s ‘Everybody Loves Jenifa’ nears N300 million in ticket sales
JUST IN: Gisèle Pelicot’s ex-husband jailed for 20 years in mass rape trial
BREAKING: Police Arrest Ooni’s Ex-wife, Naomi Silekunola Over Ibadan Stampede…
Breaking: ChatGPT Opens WhatsApp Account
BREAKING: EFCC Summons Edo LG Chairmen Suspended Over Alleged Misconduct
Canada announces major immigration reforms to strengthen border security and reduce fraud
Ibadan Tragedy: Ooni’s Ex Wife, Others Face Probe As 32 Kids Feared Dead
Oyo Police Detain Principal Over Ibadan Children’s Carnival Stampede
BREAKING: Abuja Court Delivers Fresh Judgement On Kogi Ex-Gov, Yahaya Bello
Tax Reform: AGF Fagbemi To Meet Senate Today
Hackers gain control of NBS website
Serie A: Lookman credits Atalanta for rise to stardom
Movie review: Seven Doors is intriguing; it rivals Anikulapo in story-telling
Nigeria’s Economy Responding Positively To My Policies —Tinubu
Government funding plan collapses as Trump makes new demands days before shutdown
Entertainment5 hours agoIbadan Tragedy: Ooni’s Ex Wife, Others Face Probe As 32 Kids Feared Dead
News5 hours agoOyo Police Detain Principal Over Ibadan Children’s Carnival Stampede
- Top Stories24 hours ago
BREAKING: Tragedy at Ooni’s former wife, ‘Queen Naomi’s event as stampede kills one,many injured’
Top Stories5 hours agoBREAKING: Abuja Court Delivers Fresh Judgement On Kogi Ex-Gov, Yahaya Bello
Politics5 hours agoBREAKING: EFCC Summons Edo LG Chairmen Suspended Over Alleged Misconduct
Entertainment9 hours agoMovie review: Seven Doors is intriguing; it rivals Anikulapo in story-telling
Sports23 hours agoWhy Lookman won CAF Men’s Player of the Year – Dad
News10 hours agoDon’t pass Tinubu’s proposed 2025 budget, it’s anti-people – PDP to NASS