Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th July 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 12th July, 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 N1555 and sell at N1560 on Friday 12th July 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.

We Have 20 Days Petroleum Sufficiency – NMDPRA To Tinubu

Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in a meeting with President Bola Tinubu, disclosed that there is a guarantee of 20 days of petroleum sufficiency for the country.

The Chief Executive Officer of NMDPRA, Farouk Ahmed, said this on Tuesday, after meeting with Nigeria’s president to discuss fuel scarcity that hit Abuja and other parts of Nigeria.

Ahmed told President Tinubu, in the Presidential Villa, that the recorded fuel scarcity was caused by logistics disruption caused by rough seas and flooding caused by rain in Lagos.

Ahmed said the 20 days includes 12 days offshore and over 8 days onshore of petroleum sufficiency.

“I briefed the President that we have like 20 days petroleum sufficiency, 12 days offshore and over 8 days sufficiency of petroleum onshore,” Ahmed said.

Giving further details on what led to the scarcity and how logistics affected loading of petrol, he said that the offshore, ship-to-ship loading could not continue due to the volatile nature of the high sea at the time.