Categories: Business & Brands

Black Market Dollar To Naira Exchange Rate Today 25 January 2023

Black market dollar to naira exchange rate for today 25 January 2023, Aboki dollar rate can be accessed below.

 

Glamtush reports that the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N750 and sell at N755 on Wednesday 25 January 2023, 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 Black Market Rate Today

 

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N750
Selling Rate N755

 

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Wednesday, 25 January 2023, in Lagos Nigeria, after it closed at N747.00 per $1 on Tuesday, 24 January 2023.

 

Even though the dollar to naira opened in the parallel market at ₦746 per $1 today, Glamtush 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.

 

Glamtush eports that in the black market, the players buy a dollar for N750 and sell for N755 on Wednesday morning, January 25, 2023, after they purchased N743 and sold for N747 on Tuesday, 24 January 2023.

 

Meanwhile, News Online reports that the USD started this week at ₦755 in Parallel Market also known as Black Market on Monday, January 23, 2023, in Lagos Nigeria, after it opened at  ₦743 last week Monday, January 16, 2023.

 

Disclaimer: GLAMTUSH 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.

 

 

 

GLAMTUSH

Recent Posts

Top Summary From Nigerian Newspapers For Monday, May 12, 2025

Top stories from Nigerian newspapers for Monday, May 12, 2025, can be accessed on this…

27 minutes ago

Open Heavens Daily Devotional: Read Open Heaven 12 May 2025

Open Heaven daily devotional: Read Open Heaven 12 May 2025 below.   Glamtush reports that…

4 hours ago

Family Of Slain Akwa Ibom Jobseeker’s Denies Organ Harvesting Claim

The family of the slain Akwa Ibom jobseeker has denied the organ harvesting claim by Professor Mgbeke.…

16 hours ago

Air Peace Repatriates 78 Trafficked Nigerian Women To Côte d’Ivoire

Air Peace has repatriated 78 trafficked Nigerian women to Côte d’Ivoire and will cover their…

17 hours ago

NDLEA Arrests Iran-Bound Woman With Cocaine Concealed Handbag, Private Part

NDLEA has arrested an Iran-bound woman with cocaine concealed in her handbag and private part.…

17 hours ago

Air Peace Aircraft Hits Antelope On Abuja Runway

An Air Peace aircraft hit an antelope on the Abuja runway while taxiing.   Glamtush reports…

18 hours ago