Business

Naira To Dollar Black Market Rate Today 7th 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 6th 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 Sunday, 6th 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 N885
Selling Rate N895

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

Nigerian Shareholders Demand Fair Compensation, As GSK Closes Down Operations In Nigeria

Nigerian shareholders have demanded fair compensation for their investment, as the Nigerian subsidiary of the British pharmaceutical company, GlaxoSmithKline Consumer Nigeria Plc, plans to close operations in the country.

Naija News reported three days ago that the Pharmaceutical company, GlaxoSmithKline Consumer Nigeria Plc, said it had concluded arrangements to shut down its operations in Nigeria.

The company said it informed GSK Consumer Nigeria of its strategic intent to cease commercializing its prescription medicines and vaccines in Nigeria through the GSK local operating companies.

The company said on Thursday in a regulatory filing that it will transition to a third-party direct distribution model for its pharmaceutical products.

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