DOLLAR TO NAIRA EXCHANGE RATES

Black Market Dollar To Naira Exchange Rate Today Saturday, January 29, 2022

Black Market Dollar to Naira exchange rate today Saturday, 29 January 2022 has emerged as obtained by BrandNewsDay, it can be accessed below.

Brand News Day Nigeria has obtained the official US Dollar to Naira exchange rate today Nigeria, including the Black Market rate, Bureau De Change (BDC) rate, and the CBN exchange rate today.

January 29 dollar to naira CBN exchange rate: $1 dollar to naira =₦415.66 Nigerian Naira

READ: BREAKING: Naira Falls Massively At P2P Market, See New Dollar To Naira Exchange Rate

How Much Is Dollar To Naira Exchange Rate Today CBN Rate?

Naira gained further against the US dollar on Wednesday albeit a marginal appreciation of 0.02% to close at N416.33/$1 compared to 415.66/$1 recorded in the previous trading session.

Advertisement

The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416.38/$1 since the beginning of the new year.

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 415.66 per dollar on Saturday, 29th January 2022, after it closed at 416.66 per $1 on Friday on 26 January 2022. This represents a change of 0.09% depreciation compared to N416/$1 recorded in the previous trading session.

Black Market Dollar To Naira Exchange Rate Today Saturday, January 29, 2022

Dollar to Naira CBN Exchange Rate today: Dollar to Naira Black Market Exchange Rate Today. www.brandnewsday.com

The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 28 January 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Friday, 28 January 2022.

Advertisement

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

READ: Naira To Dollar Exchange Rate ‘Would’ Hit N620/$1 In Black Market Soon -Expert

January 29 dollar to naira black market exchange rate: N571/$1

The local currency opened at N571.00 per $1 at the parallel market. 

Advertisement

LAGOS PARALLEL MARKET RATES January 29, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Lagos parallel market (dollar to naira black market exchange rate today)

The local currency opened at N571.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 29 January 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Friday, 27 January 2022.

Even though the dollar to naira opened in the parallel market at ₦571 per $1 todayBrandNewsDay 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.

Advertisement
Facebook Comments
Brand News Day

Recent Posts

How To Create Profitable Ice Cream Business In Nigeria Despite Challenges

Starting an ice cream venture in Nigeria presents strong profit potential for entrepreneurs who can…

2 days ago

WARC Unveils Multiplier Playbook: The CMO’s Guide To Integrating Brand And Performance Advertising

May 19, 2026 – There is a “say-do gap” in Brand and Performance Advertising: most…

2 days ago

Nigeria Files N66.4 Billion Tax Fraud Charges Against Saipem Contracting, Directors

The Federal Government of Nigeria has arraigned Saipem Contracting Nigeria Limited and two of its…

2 days ago

Nigerians Prioritise Mobile Data Over Food As Annual Consumption Hits 5.4 Million Terabytes, Report Reveals

A growing digital dependency is redefining everyday survival in Nigeria, where access to mobile data/mobile…

1 week ago

Global Ranking, Local Identity: How Guinness Conquered Nigeria By Becoming Nigerian

Guinness has ranked Nigeria as its third-largest market worldwide, reinforcing the country’s growing importance to…

2 weeks ago

Stanbic IBTC Reinforces Leadership In Trade Finance At GTR West Africa 2026

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a member of Standard Bank…

2 weeks ago

This website uses cookies.