Connect with us

Advertisement
Advertisement

Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 4th October 2022

 

Dollar to naira exchange rate today
Advertisement

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 3rd October, below. You can swap your dollar to Naira at these rates.

How much is dollar to naira today in 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 N730 and sell at N742 on Monday, 3rd October, 2022, 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.

Advertisement

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate730
Selling Rate742

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

Federal Government Set To Re-Open Trans Niger Pipeline, Parleys With Host Community

The Federal Government has announced plans to re-open the Trans Niger Pipeline (TNP) that was closed down by Shell since March 2022 due to crude oil theft and pipeline vandalism.

The TNP is a major pipeline that transports about 180,000 barrels of crude oil daily and also transports one of Nigeria’s premium grade crude oil, the Bonny light to a designated export terminal.

The Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Bala Wunti who revealed this through his Twitter account @BalaWunti said as part of efforts to re-open the TNP, his team visited the people of Bodo Community in Gokana Local Government Area of Rivers State, a host community.

Advertisement

The meeting he said was monumentally significant as it provided his team the opportunity to re-connect with the good people of Bodo Community.

The NAPIMS boss explained that the TNP is a critical infrastructure in the crude oil export, hence “our presence today is part of NAPIMS efforts towards re-opening the nation’s major liquid hydrocarbon delivery atrium, which has been under force majeure (closed) for over six months.”

Wunti said the meeting was part of the company’s continuous journey to re-strengthen its trust with one of the communities where NAPIMS and its partners were conducting business.

Advertisement