The CBN boss stated that the insinuation that the apex bank was overreaching its statutory bounds, was baseless, explaining that the bank had continued to play its monetary management role effectively. This was made known by the Governor of the CBN, Godwin Emefiele in an interview with Arise Television. The US dollar crashed throughout last week as Naira closed the week at 560 with a massive gain of 8 at the parallel market also known as the black market. Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their. Meanwhile, the Central Bank of Nigeria (CBN) has disbursed about N3 trillion to households, small and medium scale enterprises (SMEs), smallholder farmers, pharmaceutical companies as buffer against the impact of the Covid-19 pandemic. Naira has gained massively at the black market as dollar continues to fall. The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N560 and sell for N562 on Monday, December 6th, 2021, according to sources at Bureau De Change (BDC). On 19th November 2021 after closing at ₦414.80/$1 on Thursday 18th. Showing a change of 0.09%.Īccording to data from FMDQ, forex turnover stands at $90.18 million. See the official dollar to naira government rate today.The exchange rate between the naira and the US dollar opened at ₦413.55/$1 Analyze historical currency charts or live US Dollar / US Dollar rates and get. However, the rate may be slightly different in many banks.ĭollar to Naira exchange rate is ₦ 410.58 in CBN, ₦ 461.00 in GTBank, ₦ 411.24 in FX Market, ₦ 378.52 in Moneygram, and ₦ 380.28 in Western Union Dollar to Naira Bank rate todayĭollar to Naira exchange rate is ₦ 410.58 in CBN, ₦ 461.00 in GTBank, ₦ 411.24 in FX Market, ₦ 378.52 in Moneygram, and ₦ 380.28 in Western Union Convert 100 USD to NGN with the Wise Currency Converter. As Naira is falling, inflation takes over the economy which. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. Currently, Naira is trading at 573 Naira Per Dollar. Parallel exchange rate (black market) exchange rate is always different from CBN rate. Dollar to Naira Bank rate todayĭollar to Nigerian Naira Exchange Rate Today, Live 1 USD to NGN = 412.1264 (Convert Dollars to Nigerian Naira). How Much is Dollar to Naira Official Exchange Rate Today. Lagos parallel market (black market dollar exchange rate today) The local currency opened at N571.00 per 1 at the parallel market otherwise known as the black market, today, Thursday, 28 October 2021, in Lagos Nigeria after it closed N571.00 per 1 on Wednesday. Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to. October 28 dollar to naira black market exchange rate: 1 dollar to naira 571. A change of $26 compared to last Monday when it opened at ₦549 per dollar. The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Friday, November 19th sells at N540/1, according to sources at Bureau De Change (BDC). GoldenNewsNghowever, reports that the USD started this week at ₦575 in the Parallel Market also known as Black Market on Monday, September 20, 2021. GoldenNewsNgreports that black market players buy a dollar at ₦568 and sell for ₦572 Thursday, 23 September 2021, making a gain of ₦4. This represents a change of ₦1 from the previous day. The local currency opened at ₦572.00 per $1 at the parallel market, otherwise known as the black market, today, Thursday, 23 September 2021, in Lagos, Nigeria, after it closed ₦573 per $1 on Wednesday, 22 September 2021. December 10 dollar to naira black market exchange rate: 1 dollar to naira 570 Lagos parallel market (black market dollar exchange rate today) The local currency opened at N570.00 per 1 at the parallel market otherwise known as the black market, today, Friday, 10 December 2021, in Lagos Nigeria after it closed N571.00 per 1 on Thursday. At the interbank market, CBN said the Naira depreciated yesterday against the American currency by one kobo to settle at N411.75/1 compared with the preceding day’s N411.74/1.
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