Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 8th 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 7th 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 N1610 and sell at N1620 on Wednesday 7th 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 CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

The Presidency has said the increase in crude oil output to 1.7 million barrels per day was possible because of President Bola Tinubu’s political will.

The Senior Special Assistant to the President on Digital and New Media, O’tega Ogra, said the increase in crude oil output was the first in a long time and showed the willingness of the federal government to make the oil and gas industry work.

Ogra disclosed that 56,000 illegal refineries and 4,480 illegal connections were destroyed by security agencies in the Niger Delta region.

President Tinubu’s aide said this on Monday while reacting to report from “Operation Delta Safe” joint task force, on crude oil output, on Sunday.

In a statement on Sunday, the Coordinator of OPDS Joint Media Campaign Centre, Major Kayode Owolabi, said, “Daily crude oil output has reached about 1.7 million barrels per day indicating that International Oil Companies are operating at maximum production capacity with little interruption or vandalism along the three major pipelines.

“The terminal factor on all pipelines (TNP, TEP, and TRP) recorded 100 percent between 1 and 3 August 2024, with daily crude oil output estimated at 1.7 million barrels per day.

“This indicates production at full capacity by the IOCs, despite a reported incident of a hacksaw cut along the TNP in Zone 7 this morning by PINL.”