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Black market Dollar to Naira exchange rate today May 7, 2024: GBP, EUR to Naira

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 7, 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 N1,4230 per dollar according to data obtained from Bureau De Change (BDC) operators. 


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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 N1,435
Selling Rate N1,440

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 1,384
Selling Rate 1,390




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: N1,790
  • Selling Rate: N1,795

Euro to Naira black market Today

Euro to Naira exchange rate Today

  • Buying Rate: N1,475
  • Selling Rate: N1,480

Bitcoin Hits 1 Billion Transactions: A Milestone 15 Years in the Making

The Bitcoin network has reached a significant milestone: it has processed its one billionth transaction. This milestone marks 15 years of the network’s existence.

According to CoinTelegraph, a bitcoin user Clark Moody’s dashboard showed that transaction 1,000,000,000 was processed in block 842,241 at 9:34 pm UTC on May 5. This transaction comes 15 years, four months, and four days after the anonymous creator of Bitcoin, Satoshi Nakamoto, mined the network’s first block on January 3, 2009.


The Bitcoin network has processed an average of 178,475 daily transactions in its 5,603-day existence. The count does not include transactions made on the Lightning Network, a Bitcoin layer-2 payment protocol enabling faster transactions.

Data from credible sources has shown that the lightning network has processed an estimated 6.6 million transactions alone in August 2023, which means that hundreds of millions of transactions have been processed on the network since it was launched in 2018.

Daily transactions on Bitcoin spiked during the event of its fourth halving on April 20, with a record high of 926,000 transactions processed on April 23. Since then, Bitcoin’s daily transaction count has cooled off to 660,260 on May 4. According to Coin Gecko, Bitcoin is currently priced at $63,750, up over 12% since it hit a two-month low of $56,800 on May 2.


However, it is still down 13.6% from its all-time high of $73,740 set on March 13. Despite being the oldest cryptocurrency, Bitcoin is a bit late to the one billionth transaction party, as its closest rival Ethereum has processed over 2 billion transactions since its launch in July 2015. Bitcoin, founded in 2009, remains the largest cryptocurrency by market capitalization.

Disclaimer: The opinions expressed in this article are solely those of the author and do not reflect the views of Ejes Gist Media Limited. For any rights infringements or takedown requests, please contact us at [email protected].