This is the news about the Dollar to Naira rate at the official and black market exchange rate.
Read GISTLOVER update on the official dollar rate in nigeria as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
The official rate today, Wednesday, June 8th, 2022, for $1 dollar to naira = ₦420.15/$1.
According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦420.15/$1 on Wednesday 8th after it closed at ₦420.75 to a $1 on Tuesday, 7th June 2022.
The dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N585 and sell at N610 on Wednesday, June 8th 2022, according to sources at Bureau De Change (BDC).
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.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 585 |
| Selling Rate | 610 |
A dramatic scene unfolded at the Federal High Court in Lagos on Thursday, as gospel record executive Ezekiel Onyedikachukwu, popularly… Read More
The Nigerian Senate has suspended Senator Natasha Akpoti-Uduaghan for six months following her allegations of sexual harassment against Senate President… Read More
Portable, has shared a video showing his generosity towards the community. The Zazu artist posted this video on his Instagram,… Read More
Nathaniel Bassey celebrated a special moment with his fans at the grand finale of the Hallelujah Challenge. Note that he… Read More
Special Spesh, is excited about his fifth house purchase in the United States. He previously celebrated buying two houses back… Read More
Davido pays tribute to his father, Dr. Deji Adeleke, with a sweet note for his birthday. He took to Instagram… Read More
This website uses cookies.