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 N910 and sell at N915 on Monday, 28th 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 | N910 |
| Selling Rate | N915 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
N250 Billion NGEP Fund: Fresh Allegation Made Against Suspended CBN Chair, Emefiele
The Chairman of the National Gas Expansion Programme (NGEP), Mohammed Ibrahim, has blamed the suspended Chairman of the Central Bank of Nigeria (CBN) for making the programme’s N250 billion fund dormant in the bank.
Ibrahim claimed that it was the suspended CBN boss who made the N250 billion National Gas Expansion Programme (NGEP) fund dormant in the apex bank for four years, Naija News reports.
According to him, Emefiele had refused to listen to his team about the conditions put in place by the apex bank for stakeholders in the autogas industry to access the fund.
He said the conditions to be met for accessing the fund were rather stringent for companies involved in the autogas value chain to access, and Emefiele had refused to make them less burdensome that no individual or company had access to any portion of the fund domiciled with the CBN.