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 16th December, 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 N1675 and sell at N1680 on Monday 16th December 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 | N1675 |
| Selling Rate | N1680 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | N1555 |
| Lowest Rate | N1520 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Meanwhile, Nigeria’s crude oil daily production is expected to increase by 30,000 barrels per day, as Vice President Kashim Shettima unveiled Nigeria’s Oriental Energy Resources Limited’s $315 million Floating Production, Storage and Offloading (FPSO) vessel.
The FPSO vessel, with a storage capacity of one million barrels, which would kick off with an initial production of 17,000 barrels per day before increasing its production capacity to 30,000 bpd is expected to depart for Nigeria in Q1 2025 and commence production at the Okwok Oil Field in the first half of 2025.
Kashim Shettima, who represented President Bola Ahmed Tinubu at the commissioning and naming ceremony of the vessel, described the facility as more than just a maritime infrastructure project, stating it was a pointer to the success of President Tinubu’s reforms in the sector as well as Nigeria’s growing global influence.
Speaking on Saturday while commissioning the oil facility at the Drydocks World Dubai Shipyard in Dubai, the United Arab Emirates, Shettima pointed out that what sets Nigerians apart was not merely the audacity of their ambition, but their unique understanding of where the world was headed.
