Dollar to Naira Exchange Rates
Naira To Dollar Black Market Rate Today 18th 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 17th 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 N1050 and sell at N1060 on Tuesday, 17th 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 | N1050 |
| Selling Rate | N1060 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 774 |
| Selling Rate | 775 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Nigeria’s Oil Production Hits t 1.7 Million Barrels Per Day – FG Reveals
Nigeria’s oil production has increased to about 1.7 million barrels per day, the Federal Government announced on Friday.
Naija News reports that the new figure has swelled up by six million barrels per day, up from the 1.1mbpd recorded in August 2023.
According to the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, it is a good development because, once production capacity increases, there will be more revenue for the country.
The minister told pressmen on Friday at his office in Abuja that even though the other non-oil-based sectors are thriving, Nigeria relies most on oil revenue as her budget is even based on the cost and figures of oil production.
Lokpobiri said that goes a long way to show how important oil revenue is for the government.
