Today’s Dollar to Naira Exchange Rate in the Black Market (Aboki Rate)
As of Friday, November 22, 2024, the exchange rate for the dollar to naira in the Lagos parallel market stands as follows: buyers purchase at N1750 per dollar, while sellers offer it at N1755, according to sources within the Bureau De Change (BDC).
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the black market and advises those needing foreign exchange to use official bank channels.
Black Market Exchange Rate (USD to NGN)
- Buying Rate: N1750
- Selling Rate: N1755
Official CBN Rate (USD to NGN)
- Buying Rate: N1664
- Selling Rate: N1665
Disclaimer: Forex rates are subject to fluctuation, and the buying/selling prices may differ slightly depending on market conditions.
In related news, the Dangote Refinery has officially begun exporting fuel to several West African nations, marking a significant step in regional trade and energy distribution.
