Mega Millions Promo Mega Millions Promo Mega Millions Promo
NewsOnline Nigeria
  • Home
  • News
  • Politics
  • Entertainment
  • Education
  • Jobs
  • Sports
  • Brands & Marketing
  • World
  • Crime Watch
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Entertainment
  • Education
  • Jobs
  • Sports
  • Brands & Marketing
  • World
  • Crime Watch
  • Opinion
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Home
  • News
  • Politics
  • Entertainment
  • Education
  • Jobs
  • Sports
  • Brands & Marketing
  • World
  • Crime Watch
  • Opinion
Home Economy And Business

BREAKING: Naira Further Falls At Official Market, See New Exchange Rate

NewsOnlineng by NewsOnlineng
January 14, 2022
in Economy And Business, Headline
Naira

Naira

Naira has further fallen at Official Market, See New Exchange Rate below.

 

 

NewsOnline reports that Naira recorded a slight fall against the U.S. dollar at the official market on Thursday, after a marginal gain at the spot market on Wednesday.

 

 

BREAKING: Dollar Posts Highest Weekly Loss Since May 2021

 

According to data published on the Central Bank of Nigeria’s website, at the close of business Thursday, naira closed at N414.79 to a dollar.

 

This implies a N0.18 or 0.04 per cent decline from N414.61 per $1 dollar it exchanged in the previous session on Wednesday.

 

Naira reached an intraday high of N413.79 and a low of N414.29 before closing at N414.79 on Thursday.

 

Black market dealers in Abuja said they exchanged the naira with the greenback currency at N565.00 to a dollar and sold at N568.00, against the N567.00 rate it exchanged in the previous market segment on Wednesday.

 

Meanwhile, the local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market on Thursday, 13 January 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Wednesday, 12 January 2022.

 

 

Even though the dollar to naira opened in the parallel market at ₦570 per $1 in Lagos,  Newsonline 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.

 

Black Market Dollar To Naira Exchange Rate Today 6th January 2022
CBN Governor, Godwin Emefiele.

 

Newsonline Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Thursday morning, January 13, 2022, after they bought N562 and sold for N570 on Wednesday morning, January 12.

 

Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 10, 2022 in Lagos Nigeria, after it opened at ₦560 last week Monday, January 3, 2021.

 

 

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.

Related

Previous Post

BREAKING: Dollar Posts Highest Weekly Loss Since May 2021

Next Post

Black Market Dollar To Naira Exchange Rate Friday, January 14th, 2022

NewsOnlineng

NewsOnlineng

Next Post
naira

Black Market Dollar To Naira Exchange Rate Friday, January 14th, 2022

Trending Stories

naira

Black Market Dollar To Naira Exchange Rate Today 27 June 2022

naira

Black Market Dollar To Naira Exchange Rate Today 28 June 2022

ASUU Strike

YSU Resumes Amid ASUU Strike, Releases Adjusted Academic Calendar

Alexx Ekubo Biography

Alexx Ekubo Biography, Age, Wife, Children, Net Worth, Source of Wealth

I've Court Documents, Tinubu Is A Drug Lord - Omokri

Bola Tinubu Real Name: Yekini Amoda Ogunlere From Iragbiji Osun State

naira

Black Market Dollar To Naira Exchange Rate Today 26 June 2022

NPower News

Latest NPower News For Today Tuesday, 28 June 2022

ASUU Strike Update

Latest ASUU News On Resumption, ASUU Strike Update Today, 28 June 2022

naira

Black Market Dollar To Naira Exchange Rate Today 25 June 2022

PVC Registration

BREAKING: Government Declares One-Week Public Holiday For PVC Registration

Latest Stories

R&B Singer R. Kelly

BREAKING: R&B Singer R. Kelly Bags 30 Years Jail Term

2023: PDP Constitution Provides For Rotational Presidency - Fayose

2023: PDP Constitution Provides For Rotational Presidency – Fayose

naira

BREAKING: Naira Falls Massively At Aboki Black Market, See New Exchange Rate

I've Court Documents, Tinubu Is A Drug Lord - Omokri

I’ve Court Documents, Tinubu Is A Drug Lord – Omokri

Osun Election: They Are Monitoring My Movements - Davido Cries Out

Osun Election: They Are Monitoring My Movements – Davido Cries Out

Ekweremadu: A Call On Our President - Femi Kayode

Ekweremadu: A Call On Our President – Femi Kayode

President Buhari Failed In Protecting Nigerians Abroad - Kayode

President Buhari Failed In Protecting Nigerians Abroad – Kayode

naira

Black Market Dollar To Naira Exchange Rate Today 29 June 2022

Jonathan

Jonathan Explains Why He Did Not Embark On Constitutional Reforms

LASU Resumption Date

LASU Resumption Date For 2022/2023 Academic Session Announced

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2022 Newsonline Nigeria

No Result
View All Result
  • Home
  • News
  • Politics
  • Entertainment
  • Education
  • Jobs
  • Sports
  • Brands & Marketing
  • World
  • Crime Watch
  • Opinion

Copyright © 2022 Newsonline Nigeria