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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th August 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 4th August, 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 N1605 and sell at N1614 on Sunday 4th August 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1605 |
| Selling Rate | N1614 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1599 |
| Selling Rate | N1600 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
FCCPC Accuses Coca-Cola Of Lying To Nigerians
The Federal Competition and Consumer Protection Commission (FCCPC), has accused Coca-Cola Nigeria Limited and Nigerian Bottling Company of intentionally deceiving Nigerians with one of its products.
The Commission said the companies are guilty of deceptive labelling, misleading trade descriptions and unfair marketing practices by making consumers believe Coca-Cola Original Taste is not materially different from Coca-Cola Original Taste ‘Less Sugar’.
A statement by the FCCPC on Thursday, said Coca-Cola Nigeria and NBC are in violation of section 116 of the FCCPC Act as well as section 124 1(a) of the Commission’s Establishment Act.
The commission added that its position is based on years of investigation which commenced in 2019, noting that the issue of Abuse of Dominance and the appropriate penalty under the FCCPA and Administrative Penalties Regulation 2020 (APR) have been reserved for further regulatory action, with penalties to be imposed in due course.
Naijanews