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Dollar to Naira rate for Wednesday, January 12

Naira to Dollar rate black market

According to UTC, 1.00 US Dollar = 413.60 Nigerian Naira for today, Wednesday, January 12, 2022.

Approximately, $1 will be equal to N414 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.

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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.

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