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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th December 2024

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 December, 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 N1570 and sell at N1600 on Friday 6th December 2024, 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
N1570

Selling Rate
N1600

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)
CBN Rate Today

Highest Rate
N1610

Lowest Rate
N1565

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

Nigeria’s petrol imports have reached 2.3 billion litres between September 11 and December 5, 2024, despite the commencement of operations at Dangote and Port Harcourt refineries.

This data, provided by the Nigerian Ports Authority, highlights ongoing fuel imports, even as the nation pushes for self-sufficiency in refined petroleum.

Both the Dangote Refinery, with a daily production capacity of 650,000 barrels, and the Port Harcourt Refinery began producing and distributing Premium Motor Spirit (PMS) in mid and late September and November 2024, respectively.

Despite these developments, imports have continued.

According to the Nigerian Ports Authority, in the last three days alone, 52,000 metric tonnes of petrol were imported, which equates to 68.74 million litres of fuel.

These shipments arrived at Lagos’ Apapa Port, Tin Can Port, and the Calabar Port in Cross River State.

On December 3, 2024, the vessel Binta Saleh delivered 15.86 million litres of petrol to Apapa Port. The ship was handled by Blue Seas Maritime at the Bulk Oil Plant terminal.

The following day, the Shamal delivered 26.44 million litres via Tin Can Port, managed by Peak Shipping Agency. Additionally, another shipment from the Watson vessel is expected to arrive at Calabar Port today, bringing in another 26.44 million litres.

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