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 1st April, below. You can swap your dollar for Naira at these rates.
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 1st April, below. You can swap your dollar for Naira at these rates.
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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N747 |
| Selling Rate | N750 |
Economists have revealed that Nigerian firms and citizens are likely to lament even more in the coming days as the country’s total debt figure rises to N46.25tn or $103.11bn in the fourth quarter of 2022.
The reported figure consists of the Federal Government’s domestic and external total debt stocks and the sub-national governments (36 state governments and the Federal Capital Territory), Naija News learnt.
According to the Debt Management Office (DMO), Nigeria’s debt, as of September 2022, was at N44.06tn. The government agency revealed that the comparative figure of public debt as of December 31, 2021, was N39.56tn or $95.77bn.
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