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Breaking: Black Market Dollar To Naira Exchange Rate Hits New High On March 6, 2025!
Black Market Dollar to Naira Exchange Rate – March 5, 2025....KINDLY READ THE FULL STORY HERE▶
Curious about the current Dollar to Naira exchange rate in the black market (parallel market, Aboki FX)? Here’s the latest update for March 5, 2025.
Dollar to Naira Black Market Exchange Rate (Aboki FX)
At the Lagos Parallel Market (Black Market), currency traders are buying 1 USD at ₦1515 and selling at ₦1525 on Wednesday, March 5, 2025, according to sources at the Bureau De Change (BDC).
Buying Rate: ₦1515
Selling Rate: ₦1525
Dollar to Naira CBN Exchange Rate
The Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals to access foreign exchange through official banking channels.
Highest Rate: ₦1505
Lowest Rate: ₦1497
⚠️ Please note that exchange rates fluctuate, and actual rates may differ from those listed here.
Economic Impact: NLNG Gas Supply Drops by 80% Due to Vandalism
A recent Bloomberg report has revealed that Nigeria Liquefied Natural Gas Limited (NLNG) is facing severe operational challenges at its Bonny Island facility due to vandalism. The report states that natural gas supply has plummeted by 80%, leaving the company operating at only 20% capacity.
