Naira To Dollar Black Market Rate Today 22nd August 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 21st 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 N850 and sell at N860 on Monday, 21st 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	N850
Selling Rate	N860

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

FG N5 Billion Palliative To States Not A Free Lunch – Gov Mutfwang To Plateau State Elders

The Plateau State Governor, Caleb Mutfwang, has told the people of his state that the N5 billion palliative given to all states and the FCT is not a free lunch from the federal government, as thought by many.

Naija News understands that the governor said there was need for him to give details of the money because of the several speculations making the rounds.

He explained that the federal government palliative was not entirely free because there is a loan component of it to be paid back by states.

Recall that the federal government had last Thursday announced the release of N5 billion to the 36 states and the FCT and some grains to cushion the hardship created by the fuel subsidy removal.

Mutfwang, on Monday at a parley with the elders in the state, disclosed that Plateau State has so far received the sum of N2 billion of the total amount.