Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 28th October 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 27th October, 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 N1696 and sell at N1710 on Sunday 27th October 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.

Economic Reform: Edun, Tinubu Meet Afreximbank Boss Oramah

Finance Minister, Wale Edun and Oando Group President, Wale Tinubu recently held a high-level meeting with Afreximbank President, Prof. Benedict Oramah during the World Bank-IMF Annual Meetings in Washington, D.C.

The session focused on securing funding to advance President Bola Tinubu’s economic reforms, specifically aimed at strengthening Nigeria’s energy and trade sectors.

During the meeting, Edun highlighted the Nigerian government’s commitment to fostering economic growth through strategic partnerships.

He commended Afreximbank’s impactful support, particularly the $3 billion crude oil repayment facility provided to the Nigerian National Petroleum Company Limited, which has been instrumental in stabilizing the economy and driving fiscal reforms.

Edun expressed Nigeria’s readiness to collaborate with Afreximbank for additional support in key areas such as energy, infrastructure, and trade.