Black Market Dollar To Naira Exchange Rate To 3rd April 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 2nd April, 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 N747 and sell at N750 on Sunday 2nd April 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.

NSIA Grows Net Assets By 10.5 Per Cent To N1.02 Trillion

The manager of the Nigeria’s sovereign wealth fund, Nigeria Sovereign Investment Authority (NSIA), in it’s audited results for the 2022 financial year which was released on Thursday, revealed that its net assets grew by 10 per cent from ₦919.73bn in 2021 to ₦1.02tn in the 2022.

The highlights of NSIA’s activities and performance during the period under review also showed that it recorded its 10th year of continuous positive earnings in spite of volatility across markets.

The earnings of the NSIA Group in its 2022 report was N96.96bn, a 34 per cent dip compared to N146.98bn recorded in 2021.

The organisation attributed the decrease to the performance of its Future Generations and Stabilisation portfolios that are invested in emerging and developed financial market instruments.

On the other hand, its interest income, revenue from infrastructure business, and management fees earned from fiduciary activities, increased by 34.5 per cent (₦15.7bn) year-over-year.