Today’s Black Market Dollar To Naira Exchange Rate – February 9, 2025
Wondering about the latest Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)? Here’s the current rate for February 8, 2025. You can exchange your dollars for naira at these rates:
How Much Is a Dollar to Naira in the Black Market Today?
Dollar to Naira Exchange Rate – Black Market (Aboki Rate):
At the Lagos Parallel Market (Black Market), currency dealers are buying dollars at ₦1570 and selling at ₦1590 on Saturday, February 8, 2025, according to sources from the Bureau De Change (BDC).
Important Note: The Central Bank of Nigeria (CBN) does not officially recognize transactions carried out in the parallel market (black market). The CBN advises individuals seeking foreign exchange (Forex) to use official banking channels.
Dollar to Naira Black Market Rate Today
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| USD to NGN | ₦1570 | ₦1590 |
Dollar to Naira CBN Official Rate Today
| Currency | Highest Rate | Lowest Rate |
|---|---|---|
| USD to NGN | ₦1503 | ₦1496 |
Note: The rates at which you buy or sell forex may differ slightly from those listed here due to market fluctuations.
In other news, Nigerian National Petroleum Company Limited (NNPCL), in partnership with First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV), has announced a 96% reduction in gas flaring, marking a significant achievement in environmental sustainability efforts.
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