Black Market Dollar To Naira Exchange Rate Today 7th January 2023

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 January, 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 N740 on Friday 6th January 2023, 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	N740

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

Nigerians To Pay More For Electricity As Discos Quietly Hike Tariffs

Fresh information has emerged that Nigerians would be paying more for electricity as electricity distribution companies (Discos) have secretly increased tariffs.

Naija News gathered that the cost payable by power consumers across the country has been reviewed by discos without any announcements.

It was gathered that some consumers who noticed the hike took to the micro-blogging platform Twitter to react to the development, which is alleged to have been secretly executed by the distribution companies.

A Twitter user identified Oyibo Ediri, who accused the Abuja Electricity Distribution Company (AEDC) of secretly increasing tariffs wrote “AEDC has quietly increased the cost of electricity. Cost increased from N57.55 in December to N68.2 for tariff band A non-MD. No official statement from @aedcelectricity or @NERCNG on the increase. These people won’t stop to fleece us.”

However, the AEDC, via its official Twitter handle, @aedcelectricity, explained to Ediri that the tariff hike was based on the order of the Nigerian Electricity Regulatory Commission (NERC).

AEDC stated that “Good day, please be informed that the increase in Tariff is in compliance with NERC order,” but AEDC refused to respond further when another user requested the publication of current rates available as ordered by NERC.