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 23rd July, 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 N1580 and sell at N1590 on Wednesday 23rd July 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 | N1580 |
| Selling Rate | N1590 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1541 |
| Selling Rate | N1542 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Tinubu’s CNG Initiative Promises To End Era Of Buying Fuel At ₦750 Per Liter
The Nigerian government has announced that the days of purchasing Premium Motor Spirit (PMS) at prices between ₦750 and ₦1000 per liter are over.
Naija News reports that this comes as the government prepares to commission 30,000 Compressed Natural Gas (CNG) powered vehicles within the next 90 days.
The Project Director and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, made this announcement during the Park to Park CNG Mobilisation program held at Ojota Park in Lagos on Saturday.
Oluwagbemi revealed that the initiative would cost ₦36 billion, covering the distribution of 30,000 CNG conversion kits free of charge nationwide within the next three months.
Each kit and the associated conversion costs are valued at ₦1.2 million per vehicle, totalling ₦36 billion for the project.
He emphasized that this initiative aims to promote the adoption of CNG as an alternative fuel for transportation.
The post Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th July 2024 appeared first on Naija News.