Black market dollar to naira exchange rate today 25 September 2022

Black market dollar to naira exchange rate today 25 September 2022 can be accessed below.

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 September 25, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

September 25 dollar to naira black market exchange rate: $1 dollar to naira = ₦720

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N720.00 per $1 at the parallel market otherwise known as the black market today Sunday, 25 September 2022, in Lagos Nigeria, after it closed at N717.00 per $1 on Saturday, 24 September 2022.

Even though the dollar to naira opened in the parallel market at ₦720 per $1 today, IDOMA VOICE 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.

IDOMA VOICE reports that on the black market, the players buy a dollar for N717 and sell for N720 on Sunday morning, September 24, 2022, after they bought N710 and sold for N715 on Saturday, 24 September 2022.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

NLC gives breakdown of N615,000 minimum wage

The President of the Nigerian Labour Congress (NLC), Joe Ajaero, has provided a detailed breakdown…

8 hours ago

Only one million of 3.6 million applicants will get N50,000 grant — Nigerian govt

The Federal Government has announced that out of the 3.6 million applicants for the Presidential…

9 hours ago

President Tinubu makes new appointments

President Bola Tinubu has authorized the appointment of Barrister Farida Tukur Sada as his Special…

9 hours ago

Many killed as herdsmen launch fresh attack on Agatu

Tragedy has struck Ogbaulu community in Agatu Local Government Area, Benue State as unidentified gunmen…

9 hours ago

Senator Abba Moro calls for immediate end to killings in Benue South

The senator representing Benue South Senatorial District and Senate Minority Leader, Comrade Abba Moro PhD,…

9 hours ago

Yahaya Bello loses as Court of Appeal overturns High Court order against EFCC

The Court of Appeal has overturned the Lokoja High Court's ruling against the Economic and…

10 hours ago