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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 2nd July 2022


Aboki FX: Worries As Naira Crashes To N710 Against Dollar

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 1st July, 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 N590 and sell at N612 on Friday, 1st July, 2022, 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 590
Selling Rate 612

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

FG Targets N23bn In Onitsha River Port Concession

The Federal Government hopes to earn N23 billion from the N4 billion concession of the Onitsha River Port in Anambra State under a public-private partnership arrangement.

The Minister of State for Transportation, Gbemisola Saraki, stated this in her address at the signing ceremony of the partnership arrangement at the headquarters of the Federal Ministry of Transportation in Abuja.

She added that the concession deal which is for 30 years was agreed upon after about five years of discussions on the concession of the facility.

Saraki announced a concessionaire, Universal Elysium Consortium, as the preferred bidder for the port after an open bid process.

Universal Elysium Consortium is comprised of Universal Elysium Limited (lead Investor), China National Electrical Engineering Limited (EPC contractor), Port of ANTWERP (technical partner) and China Harbor Engineering Company (Nig.) Ltd (technical partner).

The minister said the concession process was facilitated by the Infrastructure Concession Regulatory Commission.

Speaking further, Saraki said the Onitsha River Port concession would be the catalyst for the rest of the river ports to be put up on concession.

Other river ports being considered for concession include Baro, Lokoja and Oguta, according to the minister.