Dollar to Naira Exchange Rate Today – 3rd October 2024
What is the current exchange rate for the dollar to naira in the black market, also known as the parallel market (Aboki fx)? Check the latest black market rates for 2nd October below. You can exchange your dollars for naira at these rates.
As of Wednesday, 2nd October 2024, players in the Lagos Parallel Market are buying a dollar at N1640 and selling it at N1680, according to sources from the Bureau De Change (BDC).
It is important to note that the Central Bank of Nigeria (CBN) does not recognize or support the parallel market and encourages individuals to approach their respective banks for foreign exchange services.
Black Market Rates for 3rd October 2024:
- Buying Rate: N1640
- Selling Rate: N1680
CBN Rates for 3rd October 2024:
- Buying Rate: N1600
- Selling Rate: N1601
Keep in mind that exchange rates may vary, and you might buy or sell forex at a different rate than what is listed.
Nigeria Receives $1.57 Billion from World Bank for Health and Climate Resilience Projects
Nigeria has secured fresh support from the World Bank, totaling $1.57 billion, to help boost the country’s efforts in improving human capital and resilience to climate change. The funding will assist in strengthening healthcare services for women, children, and adolescents, as well as enhancing infrastructure against the effects of floods and droughts through improved dam safety and irrigation systems.
The aid package includes:
- $500 million for addressing governance issues in education and healthcare (HOPE-GOV),
- $570 million for the Primary Healthcare Provision Strengthening Program (HOPE-PHC),
- $500 million for the Sustainable Power and Irrigation for Nigeria Project (SPIN).
