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Dollar to Naira Exchange Rates

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

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Dollar to naira exchange rate today
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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 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 N860 and sell at N890 on Monday 7th 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.

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Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 860
Selling Rate 890

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

FG Eyes N834tn To Meet Net Zero Target

The Federal Government of Nigeria in its effort to support the global fight against climate change and meet the country’s Energy Transition Plan has said it would require $1.9trn or N834trn to attain net zero by 2060.

According to Punch, a document reveals that Nigeria would require $1.9 trillion to get to zero by 2060 for the Energy Transition Plan and also $410bn above projected usual spending, which translates to about $10bn or N4trn annually over the coming decades.

The Federal Government speaking on implementing the plan said it would raise an initial $10bn support package ahead of the COP27 holding in Egypt.

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The Nigerian government added that a $23bn investment opportunity had also been identified based on current in-country programmes and projects that were directly related to just the energy transition.