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Black Market Dollar To Naira Exchange Rate Today 29th May 2022
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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). See the black market Dollar to Naira exchange rate for 27th May, 2022 below. You can swap your dollar to Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N580 and sell at N604 on Friday, 27th May, 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.
The First Bank Of Nigeria has confirmed billionaire Femi Otedola as the largest individual share holder.
This is coming months after a faceoff between two billionaires Otedola and Tunde Hassan-Odukale.
In it’s latest report, the bank revealed that Otedola has amassed 7.56% of its shares and this helped him earn over N543 million on Thursday.
According to the report, the billionaire has a direct holding of 0.58% direct stake and 6.98% indirect stake.
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Black Market Dollar To Naira Exchange Rate Today 29th May 2022
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