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 19th October, 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 N737 and sell at N747 on Wednesday 19th October 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 | 737 |
| Selling Rate | 747 |
The Bank Directors Association of Nigeria has announced that it’s income rose by 5.3 percent in the 2021 financial year.
The Chairman of the association, Mr Mustafa Chike-Obi, disclosed this at its 25th annual general meeting in Lagos during the presentation of the association’s 2021 financial statement which ended on December 31, 2021.
He said, “The total income performance of the association increased by 5.3 per cent in comparison with that of 2020 activities. A surplus of N13.45m was contributed to the accumulated fund.”
The association, limited by guarantee, also announced the retirement of two members of the board, Mrs Onari Duke, a non-executive director of UBA Plc who had served on the board since 2017.
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