Black Market Dollar To Naira Exchange Rate To 19th February 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 18th 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 N770 and sell at N780 on Saturday 18th 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

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

Fuel Scarcity: Port Harcourt Refinery To Commence Operations Q2, Warri, Kaduna For Repairs – NNPCL Reveals

Amidst the persistent fuel scarcity characterized by long queues across the federation, the Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Port Harcourt refinery will start operations by the second quarter (Q2) of 2023.

According to the national oil company, two others, the Warri and Kaduna refineries, have also been contracted for quick rehabilitation.

Naija News learnt that the development was shared by the Executive Vice President, Danladi Inuwa, on Wednesday at a workshop sensitization programme with The Natives, a civil society organization in Abuja.

Inuwa said he was optimistic that the rehabilitation of three refineries in the country would reduce the incidences of fuel scarcity when completed.

He said “We are working to revamp our refineries. For instance, the Port Harcourt refinery will be functioning by the second quarter of 2023. Area five of the refinery will be functioning. Also, Warri and Kaduna refineries will have been signed on a quick rehabilitation to refine our petroleum product in the country.”

Inuwa submitted that being a limited liability company has helped in the investment of infrastructure and as well initiate diverse corporate responsibility initiatives to increase development and attain energy security.

The NNPCL executive vice president advanced that “We have the mandate to ensure energy security for the nation. We are focusing on monetising our gas which is evident in some of the key projects like the AKK project. This is all done to ensure NNPC is fulfilling its mandate and spurring development.”