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 12th December, 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 N1670 and sell at N1680 on Thursday 12th December 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 |
N1670 |
| Selling Rate |
N1680 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) |
CBN Rate Today |
| Highest Rate |
N1550 |
| Lowest Rate |
N1510 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Nigeria’s oil production, including condensates, surged to 1.69 million barrels per day (mbpd) in November 2024, marking a 9.9% increase from October’s output of 1.538mbpd.
This is according to the latest report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The report highlighted a significant 11.42% boost in crude oil production, which rose to 1.48mbpd in November from 1.33mbpd in October.
However, condensate production — which is not subject to the Organisation of Petroleum Exporting Countries (OPEC) quotas — saw a slight dip, falling to 204,828 bpd from 204,806 bpd in the previous month.
Despite this positive trend, Nigeria’s oil production still lags behind its 2024 budget benchmark of 1.78mbpd.
This is in contrast to claims by the Nigerian National Petroleum Company Limited (NNPCL) that production had risen to 1.8mbpd.
