Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th September 2024

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 6th 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 N1660 and sell at N1675 on Friday 6th 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 CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

The Chairman of the Presidential Committee on Tax Reforms, Taiwo Oyedele, has said his committee’s proposal was a complete removal of Value Added Tax (VAT) and not 10% increase.

Dr. Taiwo Oyedele said this in a statement on Tuesday while reacting to reports that claimed his committee proposed a 10 percent VAT increase to the federal government.

In the interview granted on Monday, OsunDailyNG reported that Oyedele said his committee proposed the removal of VAT on house rents, food items and public transport system.

In the report, he also stated that the federal government is expected to cut taxes for employers providing transport services for their staff. Another tax cut will be given to employers that employ more staff than they would normally need.

Some reports, however, on Tuesday, misquoted Oyedele to have said there would be an increase in VAT to 10 percent.