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Naira To Dollar Black Market Rate Today 27th September 2023

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 26th September 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 N990 and sell at N994 on Tuesday, 26th September 2023, 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 N995
Selling Rate N1000

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
NNPCL Swaped N2.6 Trillion Worth Crude Oil For Refined Product

A newly released report from the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Nigerian National Petroleum Company Limited (NNPCL) exchanged crude oil valued at N2.6 trillion for refined petroleum products in 2021.

Naija News gathered that figures obtained from the just-released 2021 Oil and Gas Report of NEITI said the oil sales receipt during the period under review was N2.23 trillion.

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The report also showed that the NNPCL lifted and exported a total of 24.84 million barrels of crude oil valued at $1.70 billion on behalf of the Federation in 2021.

It said the sum of $1.58 billion was traced to the respective bank accounts as the actual sales receipt in 2021, of which the sum of $1.55 billion represents 2021 sales receipts, while the sum of $24.32 million relates to the settlement of the prior year receivables.

The report said the swap took place under the Direct Sale Direct Purchase programme.