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 25th 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 N860 and sell at N870 on Monday, 24th July 2023, according to sources at Bureau De Change (BDC).
Please be aware that the Central Bank of Nigeria (CBN) has instructed anyone who wants to trade in foreign exchange to go to their local banks and does not recognize the parallel market (black market).
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Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N860 |
| Selling Rate | N870 |
Please be aware that because prices vary, the rates at which you purchase or sell currency may differ from those described in this article.
Due to weekly sit-at-home exercises performed on Mondays, it is projected that N7.6 trillion in productivity, prospective investments, and losses in lives and property have been lost in the southeast region of Nigeria in the past two years.
According to NaijaNews Since the Indigenous People of Biafra (IPOB) started the weekly sit-at-home action in 2021 to protest the release of their leader, Nnamdi Kanu, the practice has been observed practically every Monday in the area.
This platform is aware that the exercise will have been ongoing for two years on August 9. Of the 730 days, 520 working days—105 Mondays—were wasted in terms of productivity or actual economic activity.
There are several holidays that have been proclaimed out of the remaining 415 days that should be used for work.
A report on the region’s economy by the International Centre for Investigative Reporting (ICIR) that was released in May of this year found a staggering N5.375 trillion loss by businesses between August 9, 2021, and December 19, 2022.
