Black Market Dollar To Naira Exchange Rate To 8th May 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 7th May, 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 N734 and sell at N742 on Sunday 7th May 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	N734
Selling Rate	N742

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

Blackout Looms As FG Disconnects Discos From National Grid Over Debt

Several parts of Nigeria may be plunged into darkness in the next few days and weeks as the Federal Government, through the Transmission Company of Nigeria and the Market Operator, threatens the disconnection of electricity distribution companies.

Millions of electricity consumers would suffer this effect said to have been caused by massive default in the remittance of ancillary services bills.

Naija News learnt that notice of disconnection from the national grid had been served to concerned stakeholders by the Market Operator (MO).

The MO, a division of the Transmission Company of Nigeria, is said to have informed some Discos, including generating companies, of the disconnection plan, as a backlash of their inability to remit bills.