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 24th June below. You can swap your dollar for Naira at these rates.
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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 N770 and sell at N775 on Saturday, 24th June, 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 | N770 |
| Selling Rate | N775 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Nigeria, Other Developing Nations To Benefit From Cut On Product Tariffs By UK
Nigeria and other developing nations are set to benefit from the reduction in tariffs on products from the United Kingdom.
The United Kingdom on Monday said the move was towards restoring trade rules as well as enabling businesses and consumers to save millions of pounds a year.
The UK minister of International Trade, Nigel Huddleston unveiled the scheme while on a visit to Ethiopia’s largest industrial business park, Bole Lemi, Naija News learnt.
According to him, the scheme is a brilliant example of the UK taking advantage of its status as an independent trading nation and I am excited to see it implemented today.
In a statement issued by the British High Commission in Abuja, the new scheme would reduce tariffs and simplify trading rules so that more products qualify for the scheme, which is more generous than the European Union ( EU) scheme the UK was previously a member of.
