Black Market Dollar To Naira Exchange Rate Today 8th October 2022

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 7th October, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the 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 N730 and sell at N740 on Friday, 7th October 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

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

FG Budgets N470bn To Address One Of ASUU’s Demands

President Muhammadu Buhari-led government has budgeted the sum of N470 billion to address one of the demands of the Academic Staff Union of Universities (ASUU).

The Federal Government in the 2023 budget which was presented to the National Assembly on Friday budgeted N470 billion for university revitalization.

ASUU, which has been on strike since the 14th of February, requested funding for the revitalization of public universities

President Buhari, while presenting the N20.15 trillion budget on Friday, appealed to lecturers in universities to show a better appreciation of the country’s current economic situation and return to the classroom.

He further stated that universities must seek a means of generating funds to run their structure, rather than depend totally on the government budget.

ASUU which is demanding N1.2 trillion had earlier rejected a proposal of N150 billion by the federal government for the first quarter of 2023.