The Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx), shows that on Tuesday, 22nd October 2024, the buying rate for a dollar was N1720, while the selling rate stood at N1725 at the Lagos parallel market, according to Bureau De Change sources.
Black Market Dollar to Naira Rate Today:
- Buying Rate: N1720
- Selling Rate: N1725
CBN Dollar to Naira Exchange Rate:
- Buying Rate: N1639
- Selling Rate: N1640
Please note that rates may vary slightly depending on the forex dealer. The Central Bank of Nigeria (CBN) advises individuals to engage in Forex through their respective banks, as it does not recognize the black market.
Additionally, the NNPC Limited and Chevron Nigeria Limited Joint Venture announced a major oil discovery in the Niger Delta, contributing to Nigeria’s energy sector under the Petroleum Industry Act (PIA) 2021.
