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 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 N1656 and sell at N1660 on Friday 23th 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 |
N1656 |
| Selling Rate |
N1660 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) |
CBN Rate Today |
| Highest Rate |
N1570 |
| Lowest Rate |
N1532 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The management of Dangote Group has said Nigeria National Petroleum Company Limited (NNPCL) misled Nigerians with a claim that it aided Dangote Refinery with a $1 billion crude-backed loan.
The Group Chief Branding and Communications Officer, Anthony Chiejina, said contrary to NNPC’s account, the $1 billion was an investment to Dangote Refinery.
In a statement on Wednesday, Chiejina explained that NNPCL was supposed to pay $1 billion out of $2.76 billion it used to acquire a 20 percent stake in the refinery.
The statement further disclosed that NNPC‘s failure to meet the agreement terms was why its stake in the refinery was reduced to 7.24 percent.
