Black Market Dollar To Naira Exchange Rate Today 20th December 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 19th 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 N739 and sell at N746 on Monday 19th 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

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

Finance Bill: List Of 172 Companies That May Lose N2.4tn Tax Waivers

Dangote Coal Mines Limited, and Seven/Up Bottling Company Limited, among other 172 companies may not benefit from about N2.4tn tax waivers under the Pioneer Status Incentive and other tax exemptions.

Naija News reports that these companies may not enjoy the tax benefits as the Federal Government moves to phase out some tax waivers effective 2022.

The Federal Government is phasing out the tax exemptions for mature industries with the 2022 Finance Bill, which President Muhammadu Buhari has sent to the National Assembly.

The Minister of Finance, Budget, and National Planning, Zainab Ahmed, said the bill was designed to support the implementation of the 2023 budget as the government steps up efforts to grow tax revenue.

The latest move by the government will also affect companies operating in 71 industries or sectors that are eligible for Pioneer Status Incentive.

The sectors include manufacturing, solid material, pharmaceuticals, information and communication, trade, construction, waste management, electricity and gas supply, tourism, and infrastructure.