Categories: Exchange Rates Top Stories

Black Market Dollar To Naira Today, 13 September 2023 In Lagos & Abuja

Advertisement
Advertisement

Black Market Dollar to Naira Today, 13 September 2023 in Lagos & Abuja has been provided by NewsOnline Nigeria below to aid those who want to exchange their dollars to Naira in Nigeria.

 

 

NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at ₦925 and sell it at ₦930, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within hours.

 

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market) and Abuja (FCT Black Market Rates).

 

Black Market Dollar To Naira Today, 13 September 2023 In Lagos & Abuja

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 950
Selling Rate 955

 

The local currency opened at N955 per $1 at the parallel market otherwise known as the black market today Wednesday, 13th September 2023, in Lagos Nigeria, after it closed at N955 per $1 on Tuesday, 13th September 2023.

 

Even though the dollar to naira opened in the parallel market at ₦855 per $1 today, NewsOnline Nigeria 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 in the black market, the players buy a dollar for N950 and sell for N955 on Wednesday, 13th September 2023.

 

CBN official dollar to naira exchange rate today

 

The CBN Dollar to naira exchange rate today: The exchange rate for a dollar to naira at the official window is N735.07  as of Wednesday, 13 September 2023, according to the data published by CBN.

1 USD = 735.0777 NGN
1 Dollars = 735.0777 Nigerian Naira
The USDNGN rate as of 13 Sep 2023 at 8:52 AM

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦955 in Parallel Market also known as Black Market on Monday, September 11, 2023, in Lagos Nigeria, after it opened at  ₦860 last week Monday, September 4, 2023.

 

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.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Education

BREAKING: President Tinubu Appoints Joseph Ikechebelu As UNIZIK VC

President Tinubu has appointed Joseph Ikechebelu as the new acting UNIZIK VC.   NewsOnline Nigeria…

10 hours ago
  • Headline

BREAKING: FG Gives 3 States, FCT One Week Deadline To Submit Report On State Police

FG has given 3 States and FCT a week's deadline to submit a report on…

10 hours ago
  • Headline

BREAKING: ICC Issues Arrest Warrants For Netanyahu, Gallant, Deif

 ICC has issued arrest warrants for Netanyahu, Gallant and Deif.   NewsOnline Nigeria reports that…

10 hours ago
  • Crime Watch

Nnamdi Kanu Drags Nigerian Government To Court Over Secret Trial Without Legal Team

Nnamdi Kanu has dragged the Nigerian Government to court over a secret trial without the…

10 hours ago
  • Economy And Business

BREAKING: Senate Gives President Tinubu Swift Approval For $2.2bn Loan

Senate has given President Tinubu swift approval for $2.2bn loan request.   NewsOnline Nigeria reports…

11 hours ago
  • Crime Watch

How Simon Ekpa Was Arrested By Finnish Authorities Over Violence In South East

Details of how Simon Ekpa was arrested by Finnish Authorities over violence in the South…

11 hours ago