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 30th 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 N915 and sell at N920 on Wednesday, 30th August 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 | N915 |
| Selling Rate | N920 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Oyo State Flags Off N8.63 Billion Palliative Today
Oyo State is set to flag off the distribution of palliatives to over 200,000 households across the state.
Naija News reports that the distribution to other geo-political zones will follow subsequently from Thursday.
The state commissioner for Information and Orientation, Mr Dotun Oyelade, disclosed that the state has earmarked N8.63 billion.
He said the local government areas contributed N2.63 billion while the state government put in N5.99 billion.
It was gathered that some of the items to be distributed include 10kg rice, 5 kg of garri, 5kg beans, 5kg elubo, and 1 ltr of vegetable oil.
Oyelade said the palliative is meant to cushion the effects of fuel subsidy following its removal, and the distribution will be done in different batches.
He noted, “If you assume that every family has about 6 members, we are talking about over 1 million people to be affected by the initial rollout of palliative.”
Throwing more light on the exercise, the state Commissioner for Budget, Professor Musbau Babatunde, said the government earmarked N149.1 million for the Transportation sub-committee.
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