Black Market Dollar To Naira Exchange Rate Today Friday, May 6, 2022

Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

Here is the Latest  at the official and Parallel market exchange rates today, Friday, May 6th, 2022.


The latest news on Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates can be accessed here on Ejes Gist Newspaper

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

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The official rate today, Friday May 6th, for $1 dollar to naira = ₦415.12/1$.

According to data from the FMDQ Security, where forex is officially traded, the naira to dollar opened at ₦415.12/1$ on Friday, May 6th, after closing at ₦417.26/1$ on Thursday, May 5th, 2022.

Black Market


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

The dollar is worth ₦590 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦585 naira and sell a dollar for ₦590, according to the current exchange rate at Bureau De Change (BDC).


The Central Bank of Nigeria (CBN) does not recognise the black market (also known as the parallel market), and customers who want to trade foreign currencies should contact their local banks.

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Trading at the NAFEX official window ( )

The exchange rate between the naira and the USD opened at ₦416.52/$ on 5th May 2022 and closed at ₦417.26/$1.

Dollar to Naira (USD to NGN) In Lagos
Buying 585
Selling 590

Click Here To See All Daily  

The Nigerian Naira to Dollar parallel Market today in Rivers State May 6th (Parallel Market) sells at ₦590/1$, according to sources at Bureau De Change (BDC).

Dollar to Naira (USD to NGN) Black Market Dollar To Naira  Rate Today  in Port Harcourt
Buying Rate 585
Selling Rate 590


Convert US Dollar to Nigerian Naira Today, May 6th 2022. How much are 100 dollars in Naira? 

USD Dollar Conversion of Dollar Naira 
1 USD 415.12 NGN
10 USD 4,151.2 NGN
100 USD 41,512 NGN


Black Market Exchange Rate in Nigeria Today Range

Dollar to Naira Black Market Rate Today 6th May  2022. The .

Dollar to Naira (USD to NGN) in Nigeria  range
Buying Rate 585- 590
Selling Rate 580 – 585

Dollar To Naira Exchange Rate Today Black Market

xchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦590/$

is where you get your Abokifx Your Daily Naira Exchange Rate and Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 584
Selling Rate 590


Despite the Central Bank of Nigeria’s multiple interventions to defend the Naira, the currency fell by N22 in the first quarter of 2022.

The Nigerian capital market continued its bull run on Thursday, with equity capitalization increasing by 1.41 percent at the day’s close.

After eight hours of trading on the capital market floor, the equity capitalization increased by N382.5 billion to N27.40 trillion, up from N27.02 trillion on Wednesday.

Additionally, the All-Share Index increased by 709.54 points to 50,835.95, up from 50,126.41 the previous day.

On Thursday, investors paid N8.30 billion for 462.59 million shares in 6,801 transactions.

Black Market Friday, May 6, 2022

This amount exceeded the N5.98 billion invested in 669.29 million shares in 7,251 transactions on Wednesday.

Guinness led the gainers with a N10 increase in share price from N100 to N110 kobo.

McNichols’ share price increased 10%, rising from N0.70kobo to N0.77kobo per share.

Nigerian Breweries gained N6.25kobo, bringing its share price to N69.05 from N62.80kobo.

Fidson gained N0.89kobo to close at N9.85kobo per share, up from N8.96kobo per share.

Conoil gained N2.60kobo to close at N28.80kobo per share, up from N26.20kobo.

Transcohot led the decliners, losing N0.45kobo to close at N4.50kobo per share, down from N4.95kobo.

Multiverse’s share price fell 8.70 percent to N0.21kobo per share, down from N0.23kobo per share.

FTN Cocoa’s price fell 7.69 percent to N0.36kobo per share, down from N0.39kobo per share.

Black Market Today Friday, May 6, 2022

Mutual Benefit’s share price fell 7.69 percent during trading, from N0.26kobo to N0.24kobo per share.

Oando lost N0.42kobo, bringing its share price down to N5.25kobo from N5.67kobo.

FCMB was the top trader of the day, with 138.51 million shares worth N485.22 million.

Zenith Bank was the second largest shareholder with 29.35 million shares valued at N705.03 million.

Transcorp sold 26.38 million shares for a total value of N30.63 million.

UBA sold 20.68 million shares at a price of N166.37 million, while GTCO sold 20.30 million shares at a price of N478.76 million.


The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.


Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

Today Black Market ( This Week )

As Ejes Gist News reports, during the first trading day of the week on Friday, May 4, 2022, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦585. Since last Friday, when it opened at ₦578 Naira per dollar, there has been a 2 naira change in the exchange rate.

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First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00

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Zenith bank Dollar to naira exchange rate today.

Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦479.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦480.09.

  • Dollar To Naira Exchange Rate Today


Black Market Dollar To Naira Exchange Rate Today Friday, May 6th, 2022

eNaira Currency ,Dollar To Naira Exchange Rate Today


The eNaira wallet was launched by the Federal , led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).


Click here to learn more about the eNaira wallet.  eNaira wallet


The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.

Disclaimer:  The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the is determined by the CBN Governor and monetary policy.

In Nigeria, there is no uniform exchange rate.

Also, visit Ejes Gist News for USD to Naira exchange rate today black market as we will keep you updated with the latest updates on the , Crude,  FX Market.



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