Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 18th September 2022
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 18th September, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in 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 N700 and sell at N709 on Sunday, 18th September 2022, 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.
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
Data released by the National Bureau of Statistics has shown that crude oil exports valued at N5.9bn accounted for 80 percent of total exports undertaken by Nigeria in the second quarter of 2022.
This is despite the huge oil theft recorded in Nigeria in recent times.
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari disclosed that the country recently has experienced crude oil theft.
Kyari revealed this during an interview last month, adding that Nigeria’s low crude oil output was due to theft resulting from pipeline vandalism in the Niger Delta.
According to him, 295 illegal connections had been located around the pipelines, which led to the shutdown of production.