Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th May 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th May 2024What is the Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx)? Here’s the latest update on the black market Dollar to Naira exchange rate for 25th May.....KINDLY READ THE FULL STORY HERE▶

How much is a dollar to naira today in the black market?

Black Market Dollar to Naira Exchange Rate

As of Saturday, 25th May 2024, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) is as follows:

• Buying Rate: N1510
• Selling Rate: N1520

These rates are sourced from Bureau De Change (BDC) operators in Lagos.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market). The CBN has directed individuals seeking to engage in Forex transactions to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

Please be aware that the rates you buy or sell forex may differ from what is captured in this article due to market fluctuations.

Price of Kerosene Surpasses ₦1400 Per Litre in April – NBS

In related economic news, a new report by the National Bureau of Statistics (NBS) has revealed that the per-litre price of kerosene rose to ₦1,439.64 in April. This marks a 6.29% increase from the ₦1,354.40 recorded in March.

At the state level, the highest kerosene prices were observed in Benue (₦1,788.47), Kaduna (₦1,761.62), and Plateau (₦1,717.78). Conversely, the lowest prices were recorded in Katsina (₦1,222.22), Jigawa (₦1,240.74), and Kwara (₦1,252.38).

Published by Caleb Alfred