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 16th August 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 N890 and sell at N910 on Wednesday, 16th 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 Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N890 |
| Selling Rate | N910 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Declare State Of Emergency On Our Refineries – Oil Stakeholders To President Tinubu
Stakeholders in the country’s oil and gas industry have called on President Bola Tinubu to declare a state of emergency on refineries.
Industry players have argued that declaring an emergency on Nigeria’s refineries would speed up the repair of the facilities.
Naija News reports that their grievances comes a few days after the president disclosed that the Port Harcourt refinery would commence operations by December 2023.
However, before then, stakeholders in the industry are seriously lamenting as scarcity of forex has led to a halt in the importation of petrol.
Marketers have complained that although the federal government has recently granted importing licenses to some dealers, they can’t import the product due to forex scarcity.
