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 10th February, 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 N1480 and sell at N1490 on Saturday 10th February 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 | N1480 |
| Selling Rate | N1490 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | 1480 |
| Selling Rate | 1481 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Amidst Soaring Food Prices New Report Projects Nigeria’s Food Production To Hit €62 Billion In 2024
A new forecast has projected a 48 percent increase in food production in Nigeria between 2021 and 2024.
Making the projection in a statement released on Thursday, Fairtrade and the Organisation for Technology Advancement of Cold Chain in West Africa, OTACCWA, detailed that the 48 percent rise will reflect a €62.6bn increase in food production in the country between 2021 and 2024.
In the statement, the groups detailed that that the country’s food output has increased by 39.6 percent, from €26 billion in 2016 to €36.3 billion in 2020.
Naija News reports that the Senior Project Manager at Fairtrade, Freyja Detjen, observed that Nigeria was the second-largest investor in Africa in 2022, behind only South Africa with €381m and ahead of Egypt with €319m, with investments in food and packaging technology totaling €363m
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