Naira To Dollar Black Market Rate Today 6th 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 5th 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 N885 and sell at N895 on Saturday, 5th 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

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

Nigerian Breweries To Hike Beer Price Over Fuel Subsidy Removal

Nigerian Breweries has announced it will increase the price of beer in August 2023 following the recent hike in the cost of production as a result of the fuel subsidy removal by the federal government.

The company management disclosed this in a statement issued at the beginning of the business day on Tuesday, Naija News understands

The company, however, noted that the proposed adjustment would be moderate as it became necessary due to the continued rise in the cost of production.

This publication understands that Nigerian Breweries has at least 19 high-quality brands, including Heineken, Desperados, Maltina, Life, Amstel Malta, Gulder, Fayrouz, and Legend, which are produced by nine breweries and distributed nationwide.