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 12th August below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N940 and sell at N945 on Saturday, 12th August 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.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N940 |
| Selling Rate | N945 |
The Central Bank of Nigeria(CBN) has released the Consolidated Financial Statements for the last seven years.
The financial statement, published on its website, includes the financial periods of 2016, 2017, 2018, 2019, 2020, 2021, and 2022.
It is the first time since 2015 the apex bank has made public its financial statements.
Speculations are, however, that the new leadership of the apex bank, under the acting Governor Folashodun Shonubi, is ready to open its book to public scrutiny.
Naija News reports that the latest move by the CBN comes after President Bola Tinunu recently appointed Jim Obazee as a Special Investigator to probe the activities of the CBN and other related entities.
In a letter dated July 28, Tinubu said the appointment of Obazee, which was immediate, was based on the fundamental objective outlined in Section 15(5) of the Nigerian constitution.
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