This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 30, 2021.
Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Thursday December 30th, for $1 dollar to naira = ₦(yet to be disclosed)/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Thursday 30th, after it closed at ₦415.00 to a $1 on Wednesday, 29th December 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N560 and sell at N565 on Thursday, December 30th 2021, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦414.03/$1 on 29th December 2021 and closed at ₦415.00/$1. Showing a change of -0.02%.
According to data from FMDQ, forex turnover stands at $119.48 million.
Meanwhile, President Muhammadu Buhari has promised that his administration will address without hesitation issues relating to foreign exchange and importation of raw materials and machines that are not available locally.
Naija News understands that the number one citizen of Nigeria on Wednesday reiterated his government’s commitment towards growing manufacturing activities in the country when he played host to the leadership of the Manufacturers Association of Nigeria (MAN) at the Presidential Villa, Abuja.
Addressing MAN in a statement made available to newsmen today shortly after playing host to the business-oriented group, President Buhari said the relevant ministry would revisit MAN’s concerns about the increase in excise duties on the identified products and other tariff-related matters.
The communique issued by his Special Adviser on Media and Publicity, Femi Adesina, also assured MAN that Nigeria will take steps to fully maximize the benefits of the African Continental Free Trade Area (AfCFTA).
This article was originally published on Naija News