Categories: Economy And Business Headline

Black Market Dollar To Naira Exchange Rate Today 28 September 2022

September 28 dollar to naira black market exchange rate: $1 dollar to naira = ₦720

Black market dollar to naira exchange rate today 28 September 2022 can be accessed below.

 

IMPORTANT NOTE: Please note that the exchange rate changes hourly. it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦720 and the price can change (high or low) within hours.

Naira Crashes To Record Low, See New Exchange Rates

 

Black market dollar to naira exchange rate

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 28, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

September 28 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 Wednesday, 28 September 2022, in Lagos Nigeria, after it closed at N720.00 per $1 on Tuesday, 27 September 2022.

Even though the dollar to naira opened in the parallel market at ₦720 per $1 todayNewsonline 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.

 

Newsonline Nigeria reports that on the black market, the players buy a dollar for N715 and sell for N720 on Wednesday morning, September 28, 2022, after they bought N715 and sold for N720 on Tuesday, 27 September 2022.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦720 in Parallel Market also known as Black Market on Monday, 26 September 2022, in Lagos Nigeria, after it opened at ₦710 last week Monday,  September 19th 2022.

Disclaimer: NEWSONLINE 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.

NewsOnline Nigeria

Recent Posts

  • 2027 Election
  • Politics
  • Top Stories

Aisha Yesufu Dumps ADC for NDC, Declares Bid for FCT Senate Seat in 2027 Elections

Aisha Yesufu has dumped ADC for NDC and declared bid for FCT Senate seat in…

8 hours ago
  • Brands & Marketing
  • Featured

How IVI PR Is Redefining Brand Survival and Narrative Control in Nigeria’s Evolving Media Landscape

In Nigeria’s fast-paced and often unpredictable media environment, brands are facing a new kind of…

15 hours ago
  • Education
  • Headline

BREAKING: FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

FG has banned honorary degree holders from using ‘Dr’ title and warned of academic fraud.…

16 hours ago
  • Politics
  • Top Stories

Pantami Vows to Challenge APC Gombe Consensus, Insists on Direct Primary

Pantami has vowed to challenge APC Gombe consensus and insisted on a direct primary. NewsOnline…

16 hours ago
  • Economy And Business
  • Headline

BREAKING: Dangote Refinery Raises Petrol Price to ₦1,350/Litre After Fresh ₦75 Increase

Dangote Refinery has raised petrol price to ₦1,350/litre after fresh ₦75 increase.   NewsOnline Nigeria…

16 hours ago
  • Politics
  • Top Stories

Senate Tightens Rules, Blocks First-Time Lawmakers from Top Offices Ahead of 2027 Power Shift

Senate has tightened rules and blocked first-time Lawmakers from top offices ahead of 2027 power…

22 hours ago