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 ₦785 and the price can change (high or low) 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).
LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 780 |
| Selling Rate | 785 |
The local currency opened at N785.00 per $1 at the parallel market otherwise known as the black market today Saturday, November 26, 2022.
Even though the dollar to naira opened in the parallel market at ₦785 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 reports that on the black market, the players buy a dollar for N780 and sell for N785 on Saturday morning, November 26, 2022, after they bought N780 and sold for N785 on Friday, November 25, 2022.
Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦785 in Parallel Market also known as Black Market on Monday, 21 November 2022, in Lagos Nigeria, after it opened at ₦720 last week Monday, November 14, 2022.
FG has begged Labour Leaders to return to the minimum wage negotiation table after dumping…
NCC has suspended the issuance of communications licenses in three categories. NewsOnline Nigeria reports…
The court has rejected Gambaryan’s request to leave Kuje prison. NewsOnline Nigeria reports that…
FG has commenced the certification programme for CNG Vehicle Conversion Workshops. , NewsOnline Nigeria…
Billionaire Kidnapper, Evans has opted for a plea bargain. NewsOnline Nigeria reports that convicted…
FG has spoken on an alleged plan to illegally tap the Nigerian Workers’ Pension Fund.…
