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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 5th 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 4th 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 N610 on Monday, 4th 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 610

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

CBN Guarantees N131bn Loan To Farmers

The federal government has guaranteed a loan estimated at N130.903 billion for farmers in a bid to boost the nation’s economy.

The loan distribution, Naija News understands would be championed by the Agricultural Credit Guarantee Scheme Fund which is managed by the Central Bank of Nigeria.

This is as the apex bank challenged farmers to join hands in revitalizing the country’s $430 billion economy by enhancing value-addition and diversification.

The bank assured that at least 1.232 million loans would be given to farmers across the country from the initiative.

Naija News understands that the development was disclosed at the national award ceremony for the 2021 Best Farmer of the Year Award under the ACGSF held on Thursday in Abuja.

It is worthy to note that the ACGSF was established by Decree No. 20 of 1977 and started operations in April 1978.