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 29th, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in 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 N590 and sell at N610 on Wednesday, 29th, 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 590
Selling Rate 610
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
Despite shortfalls in meeting targets on crude oil production for internal and external use, a total of N202.91 billion was earned by the Nigerian government in the just concluded 2020 marginal field bid round.
The government opened up on Tuesday that 13 out of the 30 marginal fields awarded since 1999 are currently not functional, hence not producing crude oil.
While the remaining 17 marginal fields are being managed, the government said it also awarded 57 marginal fields to about 49 new investors in Abuja within the period under review.
Naija News reports that the government disclosed this during the issuance of the Petroleum Prospecting Licence to the successful awardees in the 2020 marginal field bid round. This, it said, was pursuant to the provisions of the Petroleum Industry Act 2021.
The event came as successful awardees, such as Matrix Energy Group, Petrogas Energy, among others, promised to begin oil search from the fields in earnest to boost the country’s crude oil production.