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 20th 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 N1160 and sell at N1170 on Friday, 20th 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 | N1160 |
| Selling Rate | N1170 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 881 |
| Selling Rate | 882 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Your Decision Will Collapse The Economy – MAN Warns FG Over CBN Dollar Policy On 43 Items
The Manufacturers Association of Nigeria (MAN) has warned the Federal government against its decision to lift the ban on foreign exchange restrictions on 43 items placed by the Central Bank of Nigeria (CBN).
The Vice Chairman of Basic Metal, Iron and Steel Products sector of the Manufacturers Association of Nigeria (MAN), Lekan Adewoye cautioned the federal government to reverse its decision in order to save the nation from looming job crisis, insecurity and outright collapse of the nation’s economy.
Adewole shared his reservations over the situation while featuring on a TVC Business Programme.
He totally condemned the new policy, adding that the lifting of the ban is capable of collapsing many healing industries in the country.
The industrialist vehemently disagreed with the development from the apex bank.
The post Naira To Dollar Black Market Rate Today 21st October 2023 appeared first on Naija News.