Find below, Dollar to Naira exchange rate for today, 12 March 2023.
Gatekeepers News has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
What Is The Official Exchange Rate For Dollar To Naira Today?
The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦461.50 per dollar on Friday, March 10, 2023, and closed at ₦461.50 per $1 on Friday, March 10, 2023.
Even though the dollar opened in the parallel market for ₦754 per $1, 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.
Oluremi Tinubu, the first lady, has introduced the 'We Are Equal Campaign' in Nigeria. Gatekeepers…
Economic and Financial Crimes Commission has charged former Minister of Aviation, Hadi Sirika, his brother,…
Tony Elumelu, Chairman of the United Bank for Africa Group (UBA), on Monday, urged global…
President Bola Ahmed Tinubu and his ministers will today continue the Federal Executive Council (FEC)…
Members of the Democratic Youth Assembly of Nigeria (DYAN) have visited Devakumar Edwin, the Vice-President…
Dangote Cement Plc, is prioritizing community engagement, empowerment, and environmental stewardship to sustain its upward…