Black Market Dollar To Naira Exchange Rate Today 29th 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 28th 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 N750 and sell at N755 on Saturday 28th 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	N750
Selling Rate	N755

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

The total sum of $538.05 million has been received by President Muhammadu Buhari for the development of the first phase of the Special Agro-Industrial Processing Zones (SAPZ) for Nigeria programme.

Naija News reports that the amount was jointly given for the programme by the African Development Bank, the Islamic Development Bank, and the International Fund for Agricultural Development.

President Buhari, in a statement on Wednesday, lauded the efforts of these three institutions for the provision of support in Senegal.

The president at the Feed Africa Summit of Heads of State and Government in Dakar urged other African leaders to at least allocate 10% of their nations’ budgets to agriculture as agreed in the Malabo Declaration of the African Heads of State and Government.

President Buhari, in a statement titled ‘How Africa can feed itself, produce a surplus for export, by President Buhari’ issued by his Special Adviser to the on Media and Publicity, Femi Adesina, noted that he appreciates the efforts of the African Development Bank to launch SAPZ.

He advanced that “I am pleased with the partnership approach used for Nigeria by the multilateral financing institutions, with the African Development Bank providing $210m, the Islamic Development Bank and the International Fund for Agricultural Development providing $310m, and the Government of Nigeria providing $18.05m.

‘‘The Special Agro-Industrial Processing Zones for Nigeria, which is in the first phase will cover seven States in the Federation.

‘‘These very innovative public-private partnership models will help us to transform the agriculture sector much faster and use it to generate wealth.

‘‘They will also allow our countries to develop integrated infrastructure around our agricultural processes and add value to the production of crops, livestock, and fisheries.’’