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Black Market Dollar To Naira Exchange Rate Today 7th November 2022

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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 6th 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 N890 and sell at N900 on Sunday 6th 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

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 890
Selling Rate 900

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

Non-Oil Exports Growth Pushes NEPC To Call For Support

The Nigerian Export Promotion Council has called on exporters to work together to drive the country’s economic survival through non-oil exports.

The Executive Director, NEPC, Dr Ezra Yakusak, while speaking during the First National Forum of States Committee on Export Promotion held in Abuja on Wednesday, said the non-oil exports performance of the country had been on the upward movement within the last one year, notwithstanding the impact of COVID-19 on the economy in 2019 and 2020.

He said the national non-oil exports recorded the highest performance in recent times, with the total value of $2.59 billion, representing 62.37 per cent growth compared with $1.60 billion recorded during same period in 2021.

Yakusak said: “Permit me to inform you that in pursuant to the aggressive economic diversification agenda of the Federal Government, early this year, NEPC launched a national non-oil export stimulation initiative tagged the Export4Survival. The campaign was developed to boost foreign exchange earnings through the non-oil export sector while preparing Nigeria for an economy that would not be dependent on crude oil export for its survival.”

He said the NEPC was partnering with the National Orientation Agency (NOA) to carry the campaign to the grassroots, noting that as a critical stakeholder, chairmen of States Committee on Export Promotion (SCEP) were expected to join hands in propagating the campaign in their respective domains.