IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at ₦925 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.
September 02 dollar to naira black market exchange rate: $1 dollar to naira = ₦925
The local currency opened at N855 per $1 at the parallel market otherwise known as the black market today Saturday, 02 September 2023, in Lagos Nigeria, after it closed at N855 per $1 on Friday, 01 September 2023.
Even though the dollar to naira opened in the parallel market at ₦855 per $1 today, 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 reports that in the black market, the players buy a dollar for N910 and sell for N925 on Saturday, 02 September 2023.
Meanwhile, the USD started this week at ₦865 in Parallel Market also known as Black Market on Monday, August 28, 2023, in Lagos Nigeria, after it opened at ₦860 last week Monday, August 21, 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.
Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial…
Below are 7 things you need to know about Dr. Charles Akindiji Akinola, the newly…
Pope Leo XIV gave his first address from the balcony of St Peter’s Basilica, shortly…
Pope Leo XIV first words after being elected the 267th pontiff of the Roman Catholic…
Robert Francis Prevost became the first pope from the United States on Thursday, May 8,…
Robert Francis Prevost, the first pope from the United States, has a history of missionary…