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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 18th December 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 17th December, 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 N748 on Saturday 17th December 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 N730
Selling Rate N748

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

NPA, NIMASA Charging Oil Marketers In Dollars – Rep

Despite the order of the Federal Government prohibiting local transactions in foreign currency, some petroleum products marketers pay for logistics services in dollars.

A member of the petroleum committee in the House of Representatives, Sergius Ogun disclosed this on Thursday during a programme on Channels TV.

Ogun claimed that marketers paid in dollars to charter daughter vessels with which products discharged by birthing mother vessels were conveyed.

According to the lawmaker, the Nigerian Ports Authority and the Nigerian Maritime Administration and Safety Agency are collecting revenues in dollars.

Ogun referred to a resolution by the House, which on Tuesday called on the Nigerian National Petroleum Company Limited to ensure adequate supply of the premium motor spirit, popularly called petrol, within seven days.

Lawmakers at the plenary on Tuesday had asked NNPCL to “end this artificial scarcity within the next one week in order to ease the suffering of Nigerians.”