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Dollar to Naira Exchange Rates

Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 25th September 2022



Dollar to naira exchange rate today

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 25th September, 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 N710 and sell at N718 on Sunday, 25th September 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 710
Selling Rate 718

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

Reps Begin Investigation Into NNPC’s 32-Year Joint Ventures Contract

The Joint Ventures and Production Sharing Contracts the Nigerian National Petroleum Corporation (NNPC) entered in the last 32 years is currently being investigated by the House of Representatives.

The House’ Ad Hoc Committee to Investigate the Structure & Accountability of the Joint Venture Businesses and Production Sharing Contracts of the Nigerian National Petroleum Corporation from 1990 to Date, on Tuesday, held its inaugural investigative hearing.

The Speaker of the House, Femi Gbajabiamila, while declaring the hearing open, said he was delighted to inaugurate the committee “at this critical point of our nationhood where more resources are needed to diversify our economy.”

Gbajabiamila stated, “This investigation became necessary as there are serious allegations that operations of the Joint Venture businesses and Production Sharing Contracts, for which NNPC is a party and representing Nigerian interest, have over the years been conducted with highest degree of opaqueness to the extent that the Nigeria government and her citizens have been deprived of the value of their investment in the oil and gas sector.

“Accordingly, it will amount to administrative recklessness for any sane government to sit aloof and see such a sensitive sector that determines its future existence not being given appropriate attention in the governance process.

“It should be noted that the Joint Venture agreements and the production sharing contracts are supposed to protect the interest of all parties. However, there are concerns that these agreements are being observed in branches and that Nigeria is being short changed.”

George Oshogwe Ogbolu is a Digital Media Strategist | Content Writer | Journalist | New Media Influencer | Proofreader and Editor at Naija News.