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Black market dollar to naira exchange rate today 26 September 2022

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Black market dollar to naira exchange rate today 26 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 26, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

September 26 dollar to naira black market exchange rate: $1 dollar to naira = ₦750

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Monday, 26 September 2022, in Lagos Nigeria, after it closed at N720.00 per $1 on Friday, 23 September 2022.

Even though the dollar to naira opened in the parallel market at ₦750 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 N730 and sell for N750 on Monday morning, September 26, 2022, after they bought N720 and sold for N735 on Friday, 23 September 2022.