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 1st November, 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 N1730 and sell at N1735 on Friday 1st November 2024, 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 | N1730 |
| Selling Rate | N1735 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1669 |
| Selling Rate | N1670 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Dangote Refinery has described the claim by the Independent Petroleum Marketers Association of Nigeria (IPMAN) that its members are experiencing difficulties loading refined products from its facility as misleading.
The refinery, in a statement on Thursday, clarified that there is no direct dealing with IPMAN, neither has it accepted any money from it for petroleum purchases.
OsunDailyNG recalls IPMAN President, Abubakar Garima, had claimed during a TV interview that despite having paid ₦40 billion to the Nigerian National Petroleum Company Limited (NNPCL), members of the association are facing significant difficulties in loading petrol from the Dangote Refinery in Lagos.
However, Dangote in a statement on Thursday by its Group Chief Branding and Communication Officer, Anthony Chiejina, countered the IPMAN boss, explaining that the petroleum marketers are yet to register or start dealing directly with the refinery.
The Dangote spokesperson emphasized that the refinery can load 2,900 trucks per day, and can also evacuate petroleum products by sea, urged IPMAN to follow the due process as there is fuel in abundance.
