Black Market Dollar To Naira Exchange Rate Today 3rd June 2022

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 2nd June, 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 N588 and sell at N620 on Thursday, 2nd June, 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

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

World Bank Economists List Threats To Buhari’s Poverty Reduction Plan

Two leading World Bank economists have listed the threats to the poverty reduction scheme of the Muhammadu Buhari administration.

Naija News recalls that President Buhari had promised to lift 100 million Nigerians out of poverty in 10 years, with a well-researched framework for implementation and funding.

He made the promise in June 2021 during the inauguration of the National Steering Committee of the National Poverty Reduction with Growth Strategy chaired by Vice President Yemi Osinbajo.

However, according to the economists, the rising inflation, persistent population growth, the COVID-19 pandemic, and the war in Ukraine may affect Nigeria’s poverty reduction plan.