US 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 15th November, 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 N785 and sell at N805 on Tuesday 15th November 2022, 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 | 785 |
| Selling Rate | 805 |
The Nigeria Extractive Industries Transparency Initiative has been questioned by the Senate Committee on Public Accounts over a N960m personnel cost in the 2022 budget allotted to 43 employees.
The Executive Secretary of NEITI, Orji Ogbonnaya while presenting the budget said N960m was allotted to personnel costs while N760.9 m was allocated for overhead costs.
According to Ogbonnaya, N344m was devoted to capital expenditure.
Ogbonnaya further stated that 51 percent of personnel costs had been spent.
He noted that 58 percent of overhead cost had been expended, revealing that only 50 percent of capital had been released.
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