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Latest US Dollar To Naira Black Market Rates Today, 6 August 2022

Dollar to naira exchange rate today

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 6th August, 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 N630 and sell at N680 on Saturday, 6th August, 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.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 630
Selling Rate 680

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

The World Bank has assisted Nigeria with the sum of $8.5 billion to address some critical issues bedevilling the country.

The international financial institution said it now depends on Nigeria to channel the fund to either provide financial resources to enable young Nigerians to go to school or rather use the resources to subsidise petrol with over N6.5 trillion.

The donation was confirmed in Abuja on Thursday during a summit organised by the Emergency Coordination Center.

Speaking at the event, the World Bank Country Director to Nigeria, Shubham Chaudhuri said the amount given to Nigeria was the largest of any country. He added that it was still infinitesimal compared with the needs of Nigeria, stressing, however, that around $2.5 billion to $3 billion of the fund had been channelled towards education.

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