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 26th 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 N1685 and sell at N1695 on Thursday 26th 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 | N1685 |
| Selling Rate | N1695 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1637 |
| Selling Rate | N1638 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The National Bureau of Statistics (NBS) has revealed a significant increase in the price of a 12.5kg cylinder of liquefied petroleum gas (LPG), commonly known as cooking gas.
According to their latest report for August 2024, the cost surged by 69.15% over the past year.
In August 2024, Nigerians paid an average price of ₦15,552.56 for a 12.5kg cylinder, compared to ₦9,194.41 in August 2023.
The report also highlighted that the price jumped from ₦14,261.57 in July 2024 to ₦15,552.56 in August, reflecting a 9.05% increase month-on-month.
“On a year-on-year basis, this marks a 69.15% rise from ₦9,194.41 in August 2023,” the NBS stated.
In terms of state-specific prices, Rivers recorded the highest average price for refilling a 12.5kg cooking gas cylinder at ₦17,086.36, followed by Cross River at ₦17,050, and Abia at ₦17,012.52.