Business

Black Market Dollar To Naira Exchange Rate Today 10th December 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 9th 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 N1185 and sell at N1195 on Saturday 9th December 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.

Story continues below advertisement

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1185
Selling Rate N1195

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate 886
Selling Rate 887

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

COP28: Africa Could Lose $25 Billion Yearly Over New EU Carbon Tax – AfDB’s Adesina

African Development Bank Group President, Akinwumi Adesina, has expressed concern about the potential impact of a proposed EU carbon border tax on Africa’s trade and industrialisation efforts.

He warned that such a tax could pose a significant obstacle by penalising value-added exports, such as steel, cement, iron, aluminium and fertilisers, thereby impeding Africa’s progress in these sectors.

Adesina emphasised that Africa’s energy deficit and reliance on fossil fuels could lead to de-industrialization and potential losses of up to $25 billion annually due to the EU Carbon Border Tax Adjustment Mechanism.

TruetellsNigeria

Recent Posts

LAWMA MD Advocates Green Justice and Sustainability at Babcock University

The Managing Director/CEO of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin, has advocated…

10 hours ago

NMGS Seeks Customs Partnership to Combat Resource Smuggling

    The Nigerian Mining and Geosciences Society (NMGS) has called for stronger collaboration with…

18 hours ago

ZENITH TECH FAIR 4.0 ENDS ON A HIGH AS HACKATHON WINNERS GET N77.5M CASH REWARD

  A total sum of N77.5 million in prize money was won at the end…

2 days ago

Warri agog as Delta Security Trust boss wins Toyota Prado in Glo promo

Warri was agog with excitement on Thursday as the Board Chairman of Delta State Security…

2 days ago

At UBA Business Series, Experts Say Innovation, Passion Crucial to building Successful businesses

    Building businesses that stand the test of time requires a blend of innovation,…

2 days ago

Breaking: Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

  Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday…

2 days ago