Access bank, FCMB and other banks disabled international Transactions on all Naira Debit and Credit cards but now you can spend as high as $5000/month on domiciliary debit cards

Due to the continuous rise of the dollar to naira, the banks has suspend all the International Transactions on their channels.

According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦418.35/$1 on Friday 20th, after it closed at ₦420.33 to a $1 on Thursday, 19th May 2022.

Naijatechnews reports that the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.

More Details later.

Dollar to Naira Black Market Rate

Disclaimer: Naija Tech News does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

Mon May 23 2022 14:32:42 GMT+0100 (WAT)