Naira To Dollar Black Market Rate Today 29th July 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 28th July 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 N865 and sell at N872 on Friday, 28th July 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	N865
Selling Rate	N872

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

A Cashless Economy Can Be a Win-Win For Businesses, Nigeria’s Economy

Consider a typical day in the life of Mr. Chukwu, a small business owner in Lagos. His morning ritual invariably starts with a visit to the bank to withdraw the amount of cash to sustain his shop operations for the day or deposit the excess amount of cash from the previous day’s sales. From catering to customers’ change needs to safeguarding his earnings from potential theft, the tangible presence of cash, while familiar, also brings with it a unique set of challenges.

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