Categories: News

Black Market Dollar To Naira Exchange Rate Today 1st December 2022

Black Market Dollar To Naira Exchange Rate Today 1st December 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 ₦770 and the price can change (high or low) within hours.

Advertisement

 

How much is the exchange rate of Dollar to Naira in the Black Market today? See Dollar To Naira Exchange Rate Thursday 1st December below.

 

Advertisement

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Advertisement

 

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Advertisement

December 1 dollar to naira black market exchange rate: $1 dollar to naira = ₦770

 

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 765
Selling Rate 770

The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, December 1, 2022.

Advertisement

 

Even though the dollar to naira opened in the parallel market at ₦770 per $1 todayNewsOnline Nigeria 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.

Advertisement

 

NewsOnline reports that on the black market, the players buy a dollar for N765 and sell for N770 on Thursday morning, 1st December 2022, after they bought N780 and sold for N785 on Wednesday, November 30, 2022.

Advertisement

 

Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦785 in Parallel Market also known as Black Market on Monday, 28 November 2022, in Lagos Nigeria, after it opened at ₦720 last week Monday,  November 21, 2022.

Advertisement
Sola Adeyemo

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

13 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

16 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

17 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

20 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

20 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

20 hours ago