Black market dollar to naira exchange rate today 13 January 2022

This is the news about Dollar to Naira rate at the official and black market exchange rate Today January 13, 2022.

Read IDOMA VOICE update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Thursday January 13th 2022, for $1 dollar to naira = ₦(yet to be disclosed)/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Thursday 13th, after it closed at ₦414.11 to a $1 on Wednesday, 12th January 2022.

How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N567 and sell at N570 on Thursday, January 13th 2022, according to sources at Bureau De Change (BDC).

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

Meanwhile, some Large-cap stocks recorded price losses as the Nigerian stock market declined by ₦20.3billion at the end of trading on the Nigerian Stock Exchange.

The NGX All-Share Index dipped by 37.83 basis points to close at 43,859.3 while the market capitalization of stocks fell from N23.65 trillion to N23.63 trillion.

Shareholders invested N6.76 billion on 294.53 million shares in 4,501 deals on Tuesday which was lower than the N8.64 billion investors spent on 311.25 million shares in 5,159 deals the previous day.

BUA Foods led the gainers’ chart as its share price rose by N5.85kobo to move from N58.50kobo to N64.35kobo per share at the end of trading.

Eterna’s share price was up by N0.27kobo to end trading with N5.57kobo from N5.30kobo per share while Union Bank’s share price increased by N0.25kobo to move from N5.40kobo to N5.65kobo per share.

Jessy Oche

Jesse Oche is a young writer with passion for sports and agro journalism. He loves traveling and reading.

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