Black market Dollar to Naira exchange rate May 13 , 2024 & Top 9 Latest business news today

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Dollar to Naira black market exchange rate today

What is the to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

 

See the black market to Naira exchange rate, Euro to Naira black market, Pounds to Naira black market for May 13, 2024, below. You can easily swap your dollar for Naira at these rates.

How much is a 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, Abuja and Port Harcourt  Parallel Market (Black Market) yesterday closed at an average ₦1,510 per dollar according to data obtained from Bureau De Change (BDC) operators. 

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CBN Sacks 50 More Staff, Sparking Anxiety Among Employees

Dollar to Naira Black Market Rate Today.

How much is $1 in Nigeria black market today?

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Dollar to Naira ( to NGN) Black Market Exchange Rate Today
Buying Rate ₦1,500
Selling Rate ₦1,510 – ₦1515

CBN exchange rate dollar to Naira today

The CBN exchange rate dollar to Naira today is:

Dollar to Naira ( to NGN) CBN Rate Today
Buying Rate ₦1,421
Selling Rate ₦1,425

 

 

The Dollar to Naira Bank rate today is also the same as the CBN official rate. The only difference is just one to two naira difference from one bank to another.

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.

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The rates you buy or sell forex at Aboki exchange rate today in Lagos and other Aboki Forex rates may be different from what is captured in this article because prices vary.

Pounds to Naira Today

Pounds to NGN CBN Rate Today

  • Buying Rate: ₦1,781
  • Selling Rate: ₦1,785

Euro to Naira black market Today

Euro to Naira exchange rate Today

  • Buying Rate: ₦1,531
  • Selling Rate: ₦1,535

Latest business news in Nigeria for Monday, May 13, 2024

Here are the top 9 business news in Nigeria today.

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1. Fertiliser Distribution: The federal government would soon start distributing N100 billion worth of fertilizers contributed by the Central Bank of Nigeria, to support farmers and boost agricultural production.

2. Cybersecurity Levy: SERAP, BudgIT, and 136 Nigerians sue CBN over the introduction of the Cybersecurity Levy by the Central Bank of Nigeria, citing lack of transparency and accountability.

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3. Resource Control: Bayelsa State Governor, Douye Diri, backs calls for resource control, faults 13% derivative formula, and demands greater autonomy for oil-producing states.

4. Tariff Hike: NLC to picket DisCos, NERC offices today to press home reversal demand following an increase in electricity tariff for consumers under Band A, which has sparked outrage among consumers.

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5. Tax Relief: The federal government is working on a system that will provide tax relief to 95% of the informal sector of the country’s economy, aiming to boost economic growth and reduce poverty.

6. Prince Harry Visit: Prince Harry and his wife Meghan wrapped up their three-day visit to Nigeria with a visit to Lagos State, where they engaged with local entrepreneurs and innovators.

7. Binance Allegation: Binance’s bribery allegation may hinder foreign investments into Nigeria, as the cryptocurrency exchange faces scrutiny over its business practices.

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8. Arsenal Win: A resilient Arsenal moved back to the top of the Premier League with a one-nil win over Manchester United at Old Trafford, in a thrilling match that saw the Gunners extend their unbeaten run.

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9. Emeka Ani: Emeka Ani, a prolific Nigerian actor, recently spoke about why he went off the scene and was not featuring in movies lately, citing personal reasons and a desire to focus on his family. He also hinted at upcoming projects and a potential comeback to the big screen.

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