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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate To 15th February 2023

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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 14th February, 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 N760 and sell at N765 on Tuesday 14th February 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 N760
Selling Rate N765

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

$4.8 Billion Earned From Non-oil Export In 2022 – NEPC

The Nigerian Export Promotion Council (NEPC) has stated that Nigeria generated over 4.8 billion dollars from non-oil export business in 2022.

Ekiti State Coordinator, NEPC, Iyabode Abe, stated this at a-one day technical and training session on product packaging for exporters and Small and Medium Enterprises in Ado-Ekiti, the Ekiti State capital.

She expressed commitment that the council will ensure that in 2023, Nigeria makes more than $4.82bn it generated from non-oil export business in 2022.

She said: “Over $4.82bn was generated from the non-oil export business in the year 2022 as a result of the Council’s effort in promoting non-oil export which jacked up the Gross Domestic Product economy of the country by 15 per cent.”

Abe said that the Council under the leadership of the Chief Executive Officer, Yakussak Ezra, will continue to promote the development of non-oil export in other to safeguard the nation’s economy.

She said that the Council was committed to stepping up efforts to promote non-export through training programmes “that will expose SMEs to some technicalities of export business for them to have a clear competitive edge in the global market.”

Abe, who described the population of Nigeria’s SMEs as one of the greatest assets of the country in its economic diversification agenda, urged the entrepreneurs on product packaging and labelling, which she described as an essential driver for sustainable marketing of made in Nigeria products in the export market.