Black Market Dollar To Naira Exchange Rate To 24th 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 23rd 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 N765 and sell at N770 on Thursday 23rd 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	N765
Selling Rate	N770

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

FG, States, Local Govts Share 750 Billion Naira For January

The Federation Account Allocation Committee (FAAC) has said a total amount of N750.174 billion was shared between the three tiers of government as Federation Allocation for January 2023.

The total quoted sum includes Gross Statutory Revenue, Value Added Tax, VAT, Augmentation from Non-Mineral Revenue, N15.000 billion in additional savings, and Electronic Money Transfer Levies, EMTL.

According to the Commission, the Federal Government received N277.334 billion, the States received N244.975 billion, and the Local Government Councils received N180.135 billion. In contrast, the Mineral Producing States received N32.730 billion as Derivation (13% of Mineral Revenue).

Naija News reports that this was contained in a Communiqué issued by the Commission at the end of its meeting on Monday.