Business

Black Market Dollar To Naira Exchange Rate Today 19th January 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

ADVERTISEMENT

 

 

See the black market Dollar to Naira exchange rate for 18th January, 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 N1340 and sell at N1350 on Thursday 18th January 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 N1340
Selling Rate N1350

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate 890
Selling Rate 891

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

‘Nigeria Stock Market Emerges World Best’

Nigeria’s stock market surpassed Argentina’s stock market to become the top-performing market in the world on Wednesday, January 17, 2024.

Naija News understands that the Nigerian Exchange Limited experienced a bullish run, with the All-Share Index increasing by 2.38% and reaching a record-breaking 90,063.25 points, up from Tuesday’s 87,970.37 points.

Reports revealed that between January 15 and 17, 2024, the NGX witnessed an impressive gain of 8.45%. Year-to-date.

The market is observed to have appreciated by 20.45%, solidifying its position as the fastest-growing equities market globally, outpacing the Argentine Stock Market.

STORY CONTINUES BELOW ADVERTISEMENT

Despite this remarkable performance, there was no change in the equities market cap within the ASI, which remained at N48.139 trillion, the same as the previous day.

TruetellsNigeria

Recent Posts

Queens Palm Support Initiative Empower Women with Leadership and Communication Masterclass

The Queens Palm Support Initiative, a certified non-governmental organization has hosted a one-day leadership and…

6 hours ago

Soto Gallery, Ecobank, AFC, Push Art Boundaries with the 2nd Edition of +234 Art Fair

Following the tremendous success of its inaugural edition, Soto Gallery, in partnership with Ecobank Nigeria…

7 hours ago

Moniepoint is a true Nigerian success story, says Amb. Tuggar, Foreign Affairs Minister

In a move that bolsters investor confidence in Nigeria's burgeoning fintech sector, the Honourable Minister…

7 hours ago

Accelerate Action: SIFAX Group Champions Women’s Leadership at 2025 International Women’s Day Event

SIFAX Group has reaffirmed its commitment to gender inclusion and leadership advancement with a high-level…

7 hours ago

Naira-for-crude policy remains in place—-chairman, Technical Sub-Committee

The Chairman of the Technical Sub-Committee on Domestic Sales of Crude Oil and Refined Products…

8 hours ago

COMPTROLLER FRANK ONYEKA OF TINCAN ISLAND HANDS OVER ILLICIT DRUGS WORTH OVER 8 BILLION NAIRA TO NDLEA

  The Nigeria Customs Service Tincan Island Port Command on Monday 10 March, 2025 handed…

8 hours ago