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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, Euro to Naira black market, Pounds to Naira black market for May 15, 2024, below. You can easily 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, Abuja and Port Harcourt Parallel Market (Black Market) closed yesterday at an average of ₦1,520 per dollar according to the latest data obtained from Bureau De Change (BDC) operators.
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Dollar to Naira Black Market Rate Today.
How much is $1 in Nigeria black market today?
CBN exchange rate dollar to Naira today
The CBN exchange rate dollar to Naira today is:
The Dollar to Naira Bank rate today is also the same as the CBN official rate. The only difference is just one to two naira difference from one bank to another.
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.
The rates you buy or sell forex at Aboki exchange rate today in Lagos and other Aboki Forex rates may be different from what is captured in this article because prices vary.
Pounds to Naira Today
Pounds to NGN CBN Rate Today
- Buying Rate: ₦1,806
- Selling Rate: ₦1,810
Euro to Naira black market Today
Euro to Naira exchange rate Today
- Buying Rate: ₦1,545
- Selling Rate: ₦1,550
Yesterday Latest business news in Nigeria.
Here’s a roundup of the latest business news in Nigeria for today, May 14, 2024:
Economy:
- Central Bank to Maintain High Interest Rates: The Central Bank Governor, expected to curb inflation, will likely hold onto high-interest rates, according to economist Cardoso.
- Naira Depreciation: The Nigerian Naira continues to depreciate against the US Dollar, reaching N1,520 per dollar in the parallel market.
- Labour Protests Electricity Tariff Hike: The recent increase in electricity tariffs has sparked protests from labour unions who fear it will damage the economy.
Capital Markets:
- Stock Market Decline: The Nigerian Stock Exchange dipped by 1.36% last week.
- Retail Investors on the Rise: Despite a decrease in purchasing power, domestic retail investors are showing increased activity in the stock market.
Other:
- Crude Oil Theft: The Nigerian Security and Civil Defence Corps uncovered illegal oil pipeline connections.
- Lagos to Revive Boy Scouts Program: The Lagos State government has announced plans to reintroduce the Boy Scouts program in schools.
These are just some of the top business stories in Nigeria today.
