Categories: NewsTop Stories

Black Market Dollar To Naira Exchange Rate Today 18 January 2023

Black market dollar to naira exchange rate for today 18 January 2023, Aboki dollar rate can be accessed below.

 

 

 

 

 

 

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at ₦743 and ₦747, note that the price can change (high or low) within hours.

 

 

 

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 N743 and sell at N747 on Wednesday 18 January 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 N743
Selling Rate N747

 

The local currency opened at N746.00 per $1 at the parallel market otherwise known as the black market today Wednesday, 18 January 2023, in Lagos Nigeria, after it closed at N747.00 per $1 on Monday, 17 January 2023.

Even though the dollar to naira opened in the parallel market at ₦746 per $1

 

 

today, News Online reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

 

 

NewsOnline Nigeria reports that in the black market, the players buy a dollar for N743 and sell for N746 on Wednesday morning, January 18, 2023, after they purchased N743 and sold for N747 on Tuesday, 17 January 2023.

 

 

Meanwhile, News Online reports that the USD started this week at ₦747 in Parallel Market also known as Black Market on Monday, January 16, 2023, in Lagos Nigeria, after it opened at  ₦743 last week Monday, January 9, 2023.

 

 

Disclaimer: THE PUBLISHER NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

thepublisherngr

Recent Posts

NIGERIAN BREWERIES PARTNERS OZA CARNIVAL

PRESS STATEMENT Nigerian Breweries PLC - The pioneer and largest brewing company in Nigeria which is…

5 hours ago

Stampedes: Lagos Governor Warns NGOs,Groups Against Unapproved Food Distribution To Crowds,

    Lagos State Governor Babajide Sanwo-Olu has called on individuals and groups intending to…

5 hours ago

Police Confirm Arrest Of Efe Money, Otokutu Chief Priest Over Murder Of Friend

The Delta State Police Command on Sunday confirmed the arrest of Efe Money and the Chief…

5 hours ago

Ndume insists on withdrawal of tax reform bills

Former Senate Leader, Mohammed Ali Ndume, has explained that he insisted on the withdrawal of…

5 hours ago

You can’t stop your husband from marrying all the women Allah has destined for him – Nigerian woman says

A Nigerian lady, Aisha Lawal, has said that no woman can stop her husband from…

5 hours ago

Customs Sells Petrol In Seized Tanker At ₦‎630/Litre In Ibadan

The Nigeria Customs Service on Saturday sold approximately 20,000 liters of Premium Motor Spirit (PMS),…

1 day ago