Black Market Dollar To Naira Exchange Rate Today 28th January 2022

By Samantha Allen

Published: January 28, 2022 | 10:17 AM GMT

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 ₦415.10 per dollar on Friday, 28 January 2022, after it closed at ₦416.33 per $1 on Thursday, 27 January 2022. This represents a change of 0.02%.

How much is exchange rate of Dollar to Naira in Black Market today?

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 January 28, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Black Market Dollar To Naira Exchange Rate Today 28th January 2022

January 28 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, 28 January 2022, in Lagos Nigeria after it closed N569.00 per $1 on Thursday, 27 January 2022.

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Newsone 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.

Black Market Dollar To Naira Exchange Rate Today 28th January 2022 — CBN Governor, Godwin Emefiele.

Newsone Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Friday morning, January 28, 2022 after they bought N564 and sold for N569 on Thursday morning, January 27, 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 24, 2022 in Lagos Nigeria, same amount it opened at last week Monday, January 17, 2022.

About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.