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 8th August below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N891 and sell at N895 on Tuesday, 8th 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N891 |
| Selling Rate | N895 |
The National Agency for Food and Drug Administration and Control (NAFDAC) on Monday took a fresh step on pre-packaged foods with fats and oils in the country.
The agency, as gathered by Naija News, reviewed regulations concerning pre-packaged food labeling because of their effect on high rates of Non Communicable Diseases (NCDs) like hypertension, heart disease, stroke, cancer, diabetes, and chronic lung disease, among others.
The agency, at a press briefing, announced the gazette of reviewed Fats, Oil, and Food containing Fats and Oil Regulation 2022 and Pre-Packaged Food Labelling Regulation 2022.
The new regulation, according to the Director General of NAFDAC, Prof. Mojisola Christiana Adeyeye, nullifies the 2005 versions of the standards, which is repealed without jeopardising whatever was purportedly done in the spirit of the old versions.
Adeyeye explained that it has become mandatory for the agency to implement the new regulation because of the alarming rate of deaths caused by these chronic diseases, which are mostly related to the consumption of excess trans fat ignore packaged foods.
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