Connect with us


News

Black Market Dollar To Naira Exchange Rate Today 29 January 2023

Published

on

facebook sharing button
twitter sharing button
linkedin sharing button
pinterest sharing button
whatsapp sharing button
sharethis sharing button

Black market dollar to naira exchange rate for today 29 January 2023, Aboki dollar rate can be accessed below.

 

CityNews  reports that the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N750 and sell at N755 on Sunday 29 January 2023, according to sources at Bureau De Change (BDC).

Advertisement

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Advertisement
READ ALSO:   Social distancing order! Nigerians call for arrest of those who attended Abba Kyari's burial

 

Dollar to Naira Black Market Rate Today

 

Advertisement
Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN750
Selling RateN755

 

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Sunday, 29 January 2023

Advertisement

, in Lagos Nigeria, after it closed at N750.00 per $1 on Saturday, 28 January 2023.

Advertisement

 

Even though the dollar to naira opened in the parallel market at ₦755 per $1 today, News Online 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:   BREAKING: One dead, others injured as building collapses in Delta

 

NewsOnline Nigeria reports that in the black market, the players buy a dollar for N750 and sell for N755 on Sunday morning, January 29, 2023, after they purchased N750 and sold for N755 on Saturday, 28 January 2023.

Advertisement

 

Meanwhile, News Online reports that the USD started this week at ₦755 in Parallel Market also known as Black Market on Monday, January 23, 2023, in Lagos Nigeria, after it opened at  ₦743 last week Monday, January 16, 2023.

Advertisement

 

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.

Advertisement
READ ALSO:   Buhari Lists 774,000 Jobs, CAMA, Others As Second-term Achievements
Advertisement







Also Read...