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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 8th December, 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 N1595 and sell at N1600 on Sunday 8th December 2024, 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 | N1595 |
| Selling Rate | N1600 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | N1610 |
| Lowest Rate | N1565 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The Dangote Petroleum Refinery and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have intensified discussions aimed at finalizing agreements for the distribution of petroleum products.
On Monday, PETROAN’s National President, Dr. Billy Gillis-Harry, led the association in negotiating and signing a strategic agreement with the Dangote Refinery in Lagos, signaling growing interest in the refinery’s products.
Notably, the $20 billion refinery, which boasts a capacity of 650,000 barrels per day (bpd), has also drawn commitments from the Major Energy Marketers Association of Nigeria (MEMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN).
However, in a phone interview with Sunday Vanguard, Dr. Gillis-Harry clarified that lifting operations would not begin immediately, as key details such as pricing, volumes, and logistics are still under negotiation.
