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 25th 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 N1290 and sell at N1300 on Wednesday 25th October 2023, 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 | N1290 |
| Selling Rate | N1300 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 802 |
| Selling Rate | 803 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Free Fall Of Naira Shows CBN Leadership Incompetent – Reps Deputy Spokesman
The Deputy Spokesman of the House of Representatives, Philip Agbese, has said that the new leader of the Central Bank of Nigeria (CBN) is not meeting with the expectation of Nigerians.
Agbese shared his concerns during a courtesy visit from elder statesman and former Minister of Agriculture, Audu Ogbeh.
The lawmaker argued that the current leadership of the apex bank is not different from the previous one led by Godwin Emefiele.
Naija News reports that on Monday the naira had fallen to N1,200 per dollar in the official market.
Reacting to the development, Agbese asserted that the spike in the exchange rate of the dollar shows the new leadership is ‘incompetent’.
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