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 16th 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 N810 and sell at N815 on Sunday, 16th July 2023, 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
N810
Selling Rate
N815
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
A commendable rise in crude oil earnings was recorded in June 2023 due to the recent increase in the output of the product in the country, data released by the federal government revealed.
According to the data, over N1.68 trillion was earned last month alone following the latest development.
The latest report of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) indicated that the country’s daily oil output in the review month rose to 1,248,960 barrels.
Naija News learnt that Nigeria had pumped 1,183,691 barrels of crude oil daily in May, which was 65,269 barrels lower than what the country produced in June. The new report also stated that the total crude oil output in June was 37,468,798 barrels, up from a total of 36,694,427 barrels that were produced in the preceding month of May.
This implied that Nigeria’s oil output increased by 774,326 barrels in June when compared to what it produced in May.
A report earlier by the World Bank put the average cost of crude oil in June 2023 at $74.89/barrel.