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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 28th December 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 27th 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 LagosĀ Parallel Market (Black Market) players buy a dollar for N725 and sell at N740 on Tuesday 27th 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.

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Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N725
Selling Rate N740

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

Fuel To Sell At N180/L In January 2023, NNPC To Supply Product To Lagos, Three Other States

As part of efforts to find a lasting solution to the issue of fuel scarcity in the country, the Nigerian National Petroleum Company Limited (NNPCL) is said to have entered a special joint arrangement with 30,000-member independent petroleum marketers in Lagos, Calabar, Port Harcourt and Ogara.

Naija News gathered that the joint arrangement is a plan that would bring about the supply of fuel in large quantities by January 2023 to various parts of the country through the four locations mentioned and as well sell uniformly at a pump price of N180/litre.

The new development as learnt by this platform is a way the government and stakeholders in the fuel supply chain have adopted to end the lingering fuel scarcity in the country.

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Some officials of NNPCL were said to have confided in Punch that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with NNPCL after a series of meetings that Lagos, Port Harcourt, Calabar and Ogara would be the four major fuel supply points from where the product would be moved to other parts of the country by members of the independent body.

According to the National Controller Operations of IPMAN, Mike Osatuyi, the four major cities going forward would begin to receive fuel supply to depots from NNPCL in January.

Osatuyi confirmed to Punch that IPMAN members nationwide would start selling petrol at the government-regulated price of N180/litre effective January if the arrangement sails through.

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He revealed that the independent body has started short-listing the names of members who would be receiving bulk supplies from the NNPCL for onward supply to other members.