Naira To Dollar Black Market Rate Today 1st September 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 31st 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 N917 and sell at N923 on Thursday, 31st 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 | N917 |
Selling Rate | N923 |
Tailors in Aba, the commercial hub of Abia State, took to the streets to express their displeasure about the high cost of electricity and alleged extortion by Aba Power Limited (APL), a subsidiary of Geometric Power.
According to them, the high cost estimated billing issued to them by the electricity company was too high and it would run them out of business despite the elliptic power supply.
The tailors who staged a protest on Wednesday complained that the activities of the electricity company were affecting their business, and they were not happy about it.
Speaking to pressmen during the protest, one of the tailors, Ikenna Agu, said the electricity company used to harass and intimidate them with police operatives and soldiers to pay bills.
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