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 24th August, 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 N1615 and sell at N1620 on Saturday 24th August 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 | N1615 |
| Selling Rate | N1620 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1591 |
| Selling Rate | N1592 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
₦555 Million Fine: Fidelity Bank Reacts To NDPC’s Data Breach Allegations
Fidelity Bank has strongly contested the allegations of a data breach brought against it by the Nigerian Data Protection Commission (NDPC).
In a statement issued on Wednesday, the bank’s spokesperson, Meksley Nwagboh, asserted that Fidelity Bank did not violate any data protection laws that would justify the ₦555.8 million fine imposed by the NDPC.
Naija News earlier reported that the NDPC had accused the bank of violating customer data privacy and, as a result, levied the hefty fine.
According to the commission, Fidelity Bank breached the Nigeria Data Protection Regulation (NDPR) of 2019 and the Nigeria Data Protection (NDP) Act of 2023.
Additionally, the commission criticized the bank for its lack of cooperation during the investigation, which led to the penalty.
In response, Fidelity Bank maintained that it had adhered to the highest ethical standards, ensuring full compliance with existing data protection laws.
“As a Bank, we remain in discussions with the NDPC over an amicable resolution to this matter,” Nwagboh stated in the release.
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