Black Market Dollar To Naira Exchange Rate Today 8th May 2022

Black Market Dollar To Naira Exchange Rate Today 8th May 2022

Onyxnewsng shares the Dollar to Naira Exchange rate at the black market also known as the parallel market.

See the black market Dollar to Naira exchange rate for 8th May, 2022 below.

How much is dollar to naira today in black market?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market), players buy a dollar for N570 and sell at N588 on Sunday, 8th May, according to sources at Bureau De Change (BDC).

Onyxnewsng understands 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.

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.