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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate To 5th March 2023

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Dollar To Naira Exchange Rate Today 25 November 2021 (Black Market Rate)

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 5th March, 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 N745 and sell at N750 on Sunday 5th March 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 N745
Selling Rate N750

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

Concerns As Domestic Airfares Shoot Up By 95% In 12 Months – NBS

Recent data by the National Bureau of Statistics (NBS) has raised concerns as it projected average domestic airfare paid by passengers to have hiked by 94.78 per cent in the past 12 months.

The airfare shoot-up within the period under review is unconnected with various challenges facing the local aviation industry, Naija News understands.

In a new report titled, “Transport Fare Watch (January 2023),” the NBS explained that airfares recorded a 0.16 per cent increase when gauged on a month-on-month basis.

The local airfares rose from an average of N74,586.49 in December 2022 to N74,702.70 in January 2023.

According to the data, based on a year-on-year, the fare rose by 94.78 per cent from N38,352.19 in January 2022.

Also, the report showed that the average fare paid by commuters for bus journeys within the city per drop increased by 0.94 per cent in January 2023 on a month-on-month from N644.66 in December 2022 to N650.70.

While on a year-on-year, the average fare paid by commuters for bus journeys within the city per drop rose by 36.59 per cent from N476.39 in January 2022.

In another category, it was observed that the average fare paid by commuters for bus journey intercity per drop rose to N3,998.42 in January 2023, indicating an increase of 0.68 per cent on a month-on-month compared to the value of N3,971. () 22 in December 2022.