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Black Market Dollar To Naira Exchange Rate To 8th 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 8th 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 N750 and sell at N755 on Wednesday 8th 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 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.

We Are Waiting For Buhari, CBN – Traders Give Condition To Start Accepting Old N500, N1,000 Notes

A cross-section of traders have insisted they would wait for a direct directive from President Muhammadu Buhari before accepting and spending the old N500 and N1,000 notes.

Speaking with newsmen in Lagos State, the traders said the assurance from the President or the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele would convince them to start using/accepting the notes.

Naija News recalls a Supreme Court order on Friday 3rd March, declared that the old N500 and N1,000 notes should remain in circulation until the 31st of December 2023.

However, the traders have expressed mixed feelings about implementing the directive of the apex court.

A food vendor at Ori-Oke, Ejigbo who gave his name as Mr Barnabas Israel, raised doubts about the availability of the old notes.

“Is there any old notes outside after everybody has deposited the one they had?

“However, no one has brought the old notes to my shop, and if they do, I would not collect it because no one is collecting it in my area,’’ he said.