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 1st June, 2022, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in 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 N583 and sell at N610 on Wednesday, 1st June, 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 | 583 |
| Selling Rate | 610 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
Nigeria, Others Face High Risk Of Food Crisis – Report
A global management consulting firm, Boston Consulting Group has shown that Nigeria and forty-four other countries around the world are severely exposed to the Ukraine war-induced food crisis.
BCG, in a report titled, ‘The war in Ukraine and the rush to feed the world’, said it explored in detail, the multiple direct and indirect impacts of the turmoil in Ukraine on global food systems.
The report which was co-authored with Food Systems for the Future revealed 30 near- and medium-term solutions to help respond to the crisis and improve the resilience of global food systems.
It said the affected countries, which were concentrated in Africa, South Asia and Latin America, were hotspots around the world as they endured some of the worst effects of the crisis.
This article was originally published on Nigeria News