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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 1 May 2022

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Naira Loses Against The Dollar, Falls To N1,120/$ At Black Market

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 30th May, 2022 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 N570 and sell at N588 on Saturday, 30th May, 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 570
Selling Rate 588

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

TotalEnergies Joins Shell, Others, Looks To Exit Nigeria’s Onshore Oilfields

TotalEnergies has amid dwindling production of oil in Nigeria revealed plans to exit the country’s troubled onshore oil fields.

The French multinational integrated oil and gas company declared it will put up for sale its minority stake in a Nigerian oil joint venture, Naija News reports.

The likes of Shell and ExxonMobil have earlier taken the same decision.

TotalEnergies joining the list will further impact Nigeria’s dwindling oil revenue.

In early February, Exxon Mobil Corp. agreed to sell some of its Nigerian assets to Seplat Energy Plc for at least $1.28 billion.

George Oshogwe Ogbolu is a Digital Media Strategist | Content Writer | Journalist | New Media Influencer | Proofreader and Editor at Naija News.