Business

Naira To Dollar Black Market Rate Today 25th May 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 24th May, 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 N755 and sell at N760 on Wednesday 24th May 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 N755
Selling Rate N760

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

Prices Of Petrol Might Be Cheaper – Marketers Stay Optimistic As Dangote Refinery Set For Operations

Oil marketers in the country are happy and have expressed optimism that the operation of the new Dangote Refinery would bring down the cost of petrol.

Naija News understands that marketers are positive that the facility would revive the cost of deregulated product.

Speaking with The Punch about what marketers expect, the National President, Independent Petroleum Marketers Association of Nigeria ( IPMAN), Chinedu Okonkwo, said the refinery would not only create jobs, but would reduce the cost of deregulated petrol.

The IPMAN boss submitted “That refinery is going to create further hope for this nation. It will create a lot of jobs and ensure availability of products. The time spent in importing petroleum products will be eliminated and Nigeria will gain a lot from it, moving forward.”

TruetellsNigeria

Recent Posts

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 20th November 2024

What is the Dollar to Naira Exchange rate at the black market also known as…

45 mins ago

WAEC Blacklists 13 Schools, 14 Supervisors Over Malpractices

Thirteen schools, including 14 supervisors, have been blacklisted by the West African Examination Council (WAEC)…

55 mins ago

Vladimir Putin mass producing ‘mobile nuclear bunkers’ as tensions with West escalate

Russia is launching mass production of mobile nuclear war shelters amid acute concern that Vladimir Putin could trigger nuclear…

1 hour ago

AFCON 2025: Full list of final 24 qualified countries

The lineup of 24 countries for the 2025 Africa Cup of Nations (AFCON) is complete,…

1 hour ago

Apapa Customs Hits N2tr Revenue Collection Aims Target Before December

The Apapa Port Command of Nigeria Customs Service has achieved a revenue collection of N2.01tr…

2 hours ago

Moniepoint Crowned Financial Inclusion Champion by CBN, wins several awards

In a move that signposts its market leadership, Africa's fastest-growing financial institution, Moniepoint has been…

3 hours ago