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 24th September, 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 N1664 and sell at N1675 on Tuesday 24th September 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 | N1664 |
| Selling Rate | N1675 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1596 |
| Selling Rate | N1597 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The adoption of rail transport in Nigeria continues to grow, with revenues climbing to ₦1.69 billion in the second quarter of 2024, marking a significant 53.14% increase from ₦1.10 billion in the same period of 2023.
Naijaonpoint reports that this information was disclosed in a report by the National Bureau of Statistics (NBS) on Thursday.
In the previous year, the Nigerian Railway Corporation (NRC) generated ₦1.07 billion from passenger services.
The NBS report shows that 689,263 passengers travelled by rail during Q2 2024, a 45.38% increase compared to 474,117 passengers in Q2 2023.
The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same period in 2023.
Additionally, the corporation transported 5,940 tons of goods via pipelines, an increase from the 2,856 tons recorded in Q2 2023.
Revenue from goods transported by rail surged to ₦537.36 million in Q2 2024, reflecting a remarkable 206.68% growth compared to ₦175.22 million in Q2 2023.