Naira To Dollar Black Market Rate Today 8th October 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 October 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 N996 and sell at N1000 on Saturday, 7th October 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	N996
Selling Rate	N1000

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

‘We Deserve Palliatives Too’ – Oil Marketers Cry Out To FG

Oil marketers under the umbrella of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have cried out to the Federal government to make provisions for an urgent palliative for them in other to avert a collapse of the sector.

The association insisted that “the success of this government highly depends on the survival of the oil industry, whose critical stakeholders are presently most negatively affected.”

At its National Executive Meeting (NEC), on Thursday, the National President of the NOGASA, Benneth Korie, said it was a great idea that the federal government had made palliative provisions for the citizens to cushion the effect of the removal of fuel subsidy.

Korie, however, said that oil marketers also need palliative to cushion the effect of fuel subsidies in the sector.