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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 22nd May 2022

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Naira Loses Against The Dollar, Falls To N1,120/$ At Black Market
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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 21st 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 N575 and sell at N600 on Saturday, 21st 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.

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Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 575
Selling Rate 600

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

FG: $60bn Needed To Aid Access To Reliable Electricity, Clean Cooking Facilities In Eight Years

The Minister of State for Petroleum Resources, Timipre Sylva, on Thursday noted that the sub-Saharan Africa might need $60 billion to access reliable electricity and clean cooking facilities between now and 2030.

According to Sylva, an annual investment of around $35 billion would provide electricity to 759 million Africans.

The minister who spoke at the annual Symposium and Exhibition of the Society of Petroleum Engineers (SPE), in Lagos further stated that another $25 billion a year could help 2.6 billion people globally to access clean cooking by 2030.

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The SPE annual symposium and exhibition had as its theme: “Energy Transition in Africa: A Strategic Pathway to Net Zero.”