TDPel Media News Agency

Dollar To Naira Exchange Rate For Today 3 February 2022

Tolulope Dolapo Thomas - Author Profile Picture
By Tolulope Dolapo Thomas
Published: February 3, 2022 | 3:01 PM GMT

Today’s official dollar to naira exchange rate in Nigeria, including the Bureau De Change (BDC) and Central Bank of Nigeria (CBN) rates.
What Is Today’s Official Dollar to Naira Exchange Rate?
According to data published on the FMDQ Security Exchange, the official currency trading web, the Naira began at 415.50 per dollar on Wednesday, February 2, 2022, and finished at 416.25 per dollar on Wednesday, February 2, 2022.
In the parallel market, the dollar to naira exchange rate is

Even though the dollar opened in the parallel market for ₦570 per $1 today, the 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.
“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.
“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.

World News

Spread the News. Auto-share on
Facebook Twitter Reddit LinkedIn

Tolulope Dolapo Thomas profile photo on TDPel Media

About Tolulope Dolapo Thomas

Tolulope Dolapo Thomas, BSc, is a Public Health Educator and Broadcast Journalist with extensive experience in radio and television. She specializes in Health Promotion, Sexual and Reproductive/Fertility Health, and Environmental Health. Certified in CPR and First Aid, Tolulope is passionate about empowering women through evidence-based public health education, fertility awareness, and community sensitization. She is currently pursuing an MSc in Public Health and is the founder of Everywoman Health by TD, a women-focused health platform dedicated to providing accurate, accessible, and trustworthy guidance for women at every stage of life.