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 19th April, 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 Lagosย Parallel Market (Black Market) players buy a dollar for N745 and sell at N750 on Wednesday 19th April 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 | N745 |
Selling Rate | N750 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The Petroleum Industry Act (P.I.A) has been described as the biggest achievement of President Muhammadu Buhari-led administration in the countryโs energy sector.
OsunDaily News gathered that the president himself disclosed that the PIA remains his greatest achievement in the energy sector.
According to him, โThe Petroleum Industry Act (P.I.A) remains our biggest achievement in the energy sector. For decades, we were told that because of the various vested interest, it would be near impossible to pass the Bill.
โBut we made it happen. What we did with the P.I.A., you will all agree with me, was simply revolutionary. And we did not rest on our oars with the enactment of the Act. We moved swiftly into action, scrapped the existing agencies and replaced them with New Regulators; the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
โThe Nigerian National Petroleum Company (NNPC) was immediately transformed to a limited liability, the NNPC Ltd with a new brand identity and it is on course to becoming the biggest, most capitalized and most profitable company in the whole of Africa.โ