Black market Dollar to Naira exchange rate May 9 , 2024 & Latest Business News in Nigeria

Dollar to Naira black market exchange rate today

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, Euro to Naira black market, Pounds to Naira black market for May 9, 2024, 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, Abuja and Port Harcourt  Parallel Market (Black Market) yesterday closed at an average N1,445 per dollar according to data obtained from Bureau De Change (BDC) operators. 


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?


Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1,445
Selling Rate N1,450

CBN exchange rate dollar to Naira today

The CBN exchange rate dollar to Naira today is:

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate 1,401
Selling Rate 1,405




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.


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: N1,758
  • Selling Rate: N1,760

Euro to Naira black market Today

Euro to Naira exchange rate Today

  • Buying Rate: N1,511
  • Selling Rate: N1,515

Latest business news in Nigeria for Thursday, May 9, 2024

Here’s a roundup of the latest business news in Nigeria for Thursday, May 9, 2024.

FBN Holdings Appoints New Acting CEO: FBN Holdings, the parent company of First Bank of Nigeria, has appointed Olusegun Alebiosu as its acting CEO [BellaNaija].


Naira Weakens on Official Market: The Nigerian Naira closed weak against the US Dollar at N1,421 on the official market yesterday, May 8th [].

EFCC to Arraign Former Minister: The Economic and Financial Crimes Commission (EFCC) plans to arraign a former minister, Senator Hadi Sirika, and his daughter for alleged N2.7 billion fraud

FG Denies Bribery Claim by Binance: The Nigerian government has refuted claims by cryptocurrency exchange Binance that it requested a bribe for licensing .


President Tinubu returned to Abuja after his trips to the Netherlands and Saudi Arabia.

The Trade Union Congress rejected the newly announced cybersecurity levy introduced by the federal government.

Microsoft Nigeria is closing down its Africa Development Centre in Lagos, Nigeria, which will lead to job losses.


The Lagos Chamber of Commerce and Industry stated that the directive by the Central Bank of Nigeria imposing a 0.5% cybersecurity levy on Nigerians will pose additional burdens on businesses and individuals.

The Port Harcourt and Warri refineries will be fully operational by the end of 2024.