What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for 11th October, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1695 and sell at N1700 on Friday 11th October 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1695 |
| Selling Rate | N1700 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1625 |
| Selling Rate | N1626 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Tinubu: Trinidadian Gov’t Shortlists Final Bidders To Acquire Petrotrin Refinery
The government of Trinidad has announced three final contenders to acquire the state-owned Petrotrin refinery.
Naija News reports that Nigeria’s Oando Plc, owned by Wale Tinubu, the nephew of President Bola Ahmed Tinubu, was selected among the three final bidders for the refinery’s acquisition.
During a recent national budget presentation on Monday, Trinidad’s Finance Minister, Colm Imbert, announced the bidders.
It is worth noting that Petrotrin is a defunct state-owned oil entity in Trinidad and Tobago.
Minister Imbert highlighted that out of an initial pool of ten proposals, three companies have advanced to the final stage: the CRO Consortium, comprising three Trinidadian firms, INCA Energy from the United States, and Nigeria’s Oando Plc.
The bidding process commenced in February 2024, when the Trinidad and Tobago government engaged US-based Scotia Capital to lead the procurement efforts for the refinery by soliciting “expressions of interest.”
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