Connect with us


Top Stories

Black Market Dollar To Naira Today 12 December 2022

Black Market Dollar To Naira Today 12 December 2022

Published

on

Black market dollar to naira today 12 December 2022Aboki dollar rate can be accessed below,CityNews Nigeria reports.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at ₦743 and the price can change (high or low) within hours.

Advertisement

How much is the exchange rate of Dollar to Naira in Black Market today? Black Market Dollar To Naira Today 12 December 2022:

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

READ ALSO:   Just-in: President Buhari restores ownership of OML 123, 124, 126 and 137 to NNPC

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

Advertisement

 

Black Market Dollar To Naira Today 12 December 2022

December 12 dollar to naira black market exchange rate: $1 dollar to naira = ₦743

Advertisement
Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate740
Selling Rate743

The local currency opened at N743.00 per $1 at the parallel market otherwise known as the black market today Monday, 12 December 2022, in Lagos Nigeria, after it closed at N743.00 per $1 on Sunday, 11 December 2022.

Even though the dollar to naira opened in the parallel market at ₦743 per $1 today, News One 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
READ ALSO:   Lagos Maritime Union Members In Three-day Gun Battle Over Money

CityNews Nigeria reports that in the black market, the players buy a dollar for N740 and sell for N743 on Monday morning, December 12, 2022, after they purchased N740 and sold for N743 on Sunday, 11 December 2022.

Meanwhile,CityNews Nigeria reports that the USD started this week at ₦743 in Parallel Market also known as Black Market on Monday, December 12, 2022, in Lagos Nigeria, after it opened at  ₦740 last week Monday, December 5, 2022.

Advertisement
Advertisement







Also Read...