Business

Dollar to Naira rate for Tuesday, January 11

Naira to Dollar rate black market

According to UTC, 1.00 US Dollar = 413.35 Nigerian Naira for today, Tuesday, January 11, 2022.

Approximately, $1 will be equal to N413 at the moment.

The Naira however sells for N435/$1 At Official Market.

This is as a result of a slight Adjustment made by CBN Forex Rate, which puts the CBN rate at N413.49/$1.

Note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market).

It has directed individuals who want to engage in Forex to approach their respective banks.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top