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 27th September, 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 N1690 and sell at N1700 on Friday 27th September 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 | N1690 |
| Selling Rate | N1700 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1637 |
| Selling Rate | N1638 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The Independent Petroleum Marketers Association of Nigeria has announced that its members are scheduled to meet with Dangote Refinery this week to discuss the direct procurement of Premium Motor Spirit (PMS), better known as petrol or fuel and potential price reductions.
The spokesperson for IPMAN, Chief Chinedu Ukadike, made this information public in a recent statement, expressing optimism among members regarding the imminent initiation of direct petrol lifting from Dangote.
He noted that the effective distribution of petrol continues to pose challenges within the nation’s oil and gas industry despite the initiation of Dangote’s petrol distribution.
“There is a meeting scheduled for this week between Dangote and IPMAN. We are happy that Dangote has set on a new course in terms of looking to other stakeholders to distribute its products.
”It is now distributing to major marketers and we are hopeful that with time it will start distributing to independent marketers,” he said.
OsunDailyNG reports that his statement arises as the retail outlets of the Nigerian National Petroleum Company Limited and various independent filling stations are offering petrol at prices ranging from ₦950 to ₦1,100, contingent upon the geographical location within the country, following the lifting of Dangote Fuel.
