Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 7th September 2022

What is the Dollar to Naira Exchange rate at the official CBN rate, aboki fx, and the black market? How much is the Dollar to Naira exchange rate today, 6th September 2022? You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent, official CBN rate, black market, or parallel market rate.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday, September 6th, 2022, for 1 dollar to naira = ₦433.00/$1.

According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦433.00/$1 on Tuesday 6th September and closed at ₦436.00 to $1.

US Dollar to Naira Black Market Rate Today, 6th September 2022.

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	697
Selling Rate	702

Naija News reports that the US dollar to naira exchange rate changes hourly. The exchange rate fluctuates depending on the volume of dollars available and the demand for it. This means the exchange rate you buy and sell the dollar could be different hours later (high or low).

Factors that could Influence Foreign Exchange Rates in Nigeria

• Conditions of Trade
• Speculators
• Government Debt
• Interest Rates
• Inflation Rates

Bureau De Change operators have cited a lack of FX and a surge in demand for the recent uncontrolled uptrend recorded in the market. In the same vein, some bank users who have FX in their domiciliary account told Nairametrics that they have not been able to withdraw their funds from the bank due to tightened liquidity.

Fuel Scarcity Imminent In North As IPMAN Begins Strike

The Suleja Depot Branch of Independent Petroleum Marketers Association of Nigeria (IPMAN) has commenced a three-day warning strike.

The strike might be lead to the scarcity of Premium Motor Spirit, popularly called petrol in Abuja, Kaduna, Nasarawa, Kogi, Niger and neighbouring states, Naija News reports.

IPMAN members embarked on strike on Monday to express their grievances against the Federal Government’s continued indebtedness to oil marketers concerning the payment of fuel transportation costs, otherwise called bridging claims.

The Chairman of IPMAN in Suleja, Yahaya Alhassan, said marketers had stopped the supply of products from the depot.

He further stated that the union had prevented trucks from moving PMS to the northern states.

According to Alhassan, marketers will withdraw their service until the Federal Government settled their outstanding bridging claims of N50.5bn.

Alhassam noted that the three-day warning strike would go on if the Nigerian Midstream and Downstream Petroleum Regulatory Authority fails to remit the money.