Black Market Dollar To Naira Exchange Rate Today 4th 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 3rd 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 N570 and sell at N634 on Friday, 3rd 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.

Experts Identify How Nigerian Currency, Naira Can Be Improved

Experts have identified viable means by which Nigeria’s currency, Naira can be improved in value.

Having sat for hours at a one-day roundtable on national issues organised by Development Specs Academy in Abuja, the experts resolved that the country must increase its productivity and change consumption patterns as that alone can shore up the value of the Naira.

The roundtable meeting, Naija News understands was also attended by participants from the civil society communities, youth-based organisations, youths in politics and social media influencers, among others.

Major speakers at the meeting included the convener, Dr Okey Ikechukwu, a former spokesperson for the Nigerian Army, Brigadier Sani Usman (retd.); Rev.Fr. George Ehusani, Prof Jim Unah, Dr Amaechi Anakwue, Prof. Christopher Ogbogbo, Dr Amara Albert, Dr Hyeladi Haruna, and Dr Amaechi Anakwue, among others.

While delivering his speech at the event, Dr Ikechukwu observed that the Central Bank of Nigeria, CBN, had made efforts with several policy interventions to improve the value of the national currency.

In his mentions, Ikechukweu listed the Anchor Borrowers Programme as one of those programmes by the apex bank which was created to enhance farmers’ access to loans.