Black Market Dollar To Naira Exchange Rate Today 5th November 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 4th November, 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 N830 and sell at N850 on Friday 4th November 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 vary.

An implementation committee has been inaugurated by the Federal Government to halt the constant rejection of Nigerian products in the international market.

The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, while speaking at the inauguration which was held in the Federal Capital Territory, said the committee members are expected to implement the recommendations of the technical committee in record time.

He said, “It would be recalled that on 16th September 2022 I received the report submitted by members of the Technical Committee on Nigeria Agro-Export Reject with recommendations aimed at addressing the challenges of rejection of our agro-exports at the international market.

“Suffice it to state that a number of activities have been outlined to implement the recommendations of the Technical Committee and it is the task of the Implementation Committee to diligently ensure that they are properly articulated for the growth and development of the export sub-sector of the economy.”