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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 8th June 2022

 

Aboki FX: Worries As Naira Crashes To N710 Against Dollar
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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 7th 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 N600 and sell at N635 on Tuesday, 7th 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

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 600
Selling Rate 635

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

Crude Oil Exports Hit N5.6tn In Three Months – NBS Report

A Foreign Trade report by the National Bureau of Statistics (NBS) revealed that Nigeria’s crude oil exports jumped to N5.6trn in the first quarter of 2022.

According to the trade report, it reflected nearly 200 percent increase when compared to the same period in 2021.

The report said Nigeria’s total merchandise trade stood at N13 trillion in the first quarter of 2022, indicating an increase of 11.05 per cent over the value recorded in the fourth quarter of 2021 and 65.41 per cent higher when compared to the value recorded in the first quarter of 2021.

The export trade in the quarter under review stood at N7.1 trillion, showing a rise of 23.1 per cent over the value recorded in the preceding quarter and also an increase of 137.9 per cent over the corresponding period of the preceding year.