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 14th January, 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 N1650 and sell at N1660 on Tuesday 14th January 2025, 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
N1650
Selling Rate
N1660
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN)
CBN Rate Today
Highest Rate
N1560
Lowest Rate
N1545
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Meanwhile, the cost of loading Premium Motor Spirit (petrol) and other refined petroleum products at depots rose on Monday, prompting concerns about potential pump price adjustments nationwide.
According to The PUNCH, oil marketers increased depot prices for petrol and diesel by ₦43 or 4.74 per cent, citing rising crude oil prices as the primary driver. Brent crude, the global benchmark, reached $79.76 per barrel on Sunday, contributing to the surge in costs.
Reports on Monday revealed notable increases in petrol prices at several depots. Swift Depot raised its loading price to ₦950 per litre, up from ₦907 last Friday. Similarly, Wosbab Depot adjusted its price to ₦950 from ₦909, while Sahara Depot increased its rate to ₦950 from ₦910. Private depot Shellplux also raised its loading price to ₦960 from ₦908, and Chipet Depot charged ₦960 per litre, compared to ₦908 the previous week.
Other depots followed suit, with Nipco Depot increasing its price by ₦38, from ₦912 to ₦950, and Matrix Warri Depot adjusting its rate to ₦945 per litre, up from ₦925.