Connect with us


Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 3rd 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 2nd 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 N611 on Saturday, 2nd 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 611

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

Shell Suspends Multibillion-Dollar Assets Sale In Nigeria

Shell Group has suspended the divestment of its interest in Nigeria subsidiary-Shell Petroleum Development Company.

The Managing Director of SPDC and Chairman, Osagie Okunbor, in a statement released on Thursday, said the sale of the assets had been put on hold pending the outcome of its appeal at the Supreme Court.

The statement partly reads, “The Shell Group has confirmed separately that it will not progress the divestment of its interest in SPDC until the outcome of SPDC’s appeal.”

The SPDC had faced multiple court cases in the past over oil spills.

The Court of Appeal and Federal High Court, Owerri had awarded $1.95bn compensation to 88 communities in Rivers State for a 2019 oil spill they blamed on Shell and which damaged their farms and waterways.

The case was declared in favour of the communities that found Shell guilty of polluting farmlands as well as rivers and other surroundings in the Ejalawa community in Oken-Ogosu, Egbalor Ebubu/Eleme Local Government of Rivers State.

Continue Reading ❯
Click to comment

Leave a Reply

Your email address will not be published.