Politics
Today’s Black Market Exchange Rate: Dollar (USD) To Naira (NGN) On September 23, 2024
Today’s Black Market Exchange Rate: Dollar (USD) To Naira (NGN) On September 23, 2024....KINDLY READ THE FULL STORY HERE▶
What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx)? Below are the exchange rates for September 22, 2024, where you can swap your dollars for naira……..CONTINUE READING
**Black Market Dollar to Naira Rate Today**
As of September 22, 2024, the exchange rate at the Lagos Parallel Market indicates that players are buying a dollar for N1642 and selling it for N1650, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has advised individuals seeking foreign exchange to approach their respective banks.
#### Current Exchange Rates
– **Black Market Rate**
– **Buying Rate:** N1642
– **Selling Rate:** N1650
– **CBN Rate**
– **Buying Rate:** N1593
– **Selling Rate:** N1594
Please be aware that the rates for buying or selling forex may differ from those listed here, as prices can vary.
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### Shettima Promises Improved Environment for Airline Operators
Vice President Kashim Shettima has assured stakeholders in Nigeria’s aviation sector of the federal government’s commitment to enhancing the operating environment for airlines. He highlighted the signing of the Cape Town Convention (CTC) Practice Directions as a significant advancement for ease of doing business in the aviation industry.
Shettima made these comments during a meeting with the Airline Operators of Nigeria at the Presidential Villa in Abuja. The meeting aimed to address foreign exchange challenges and payment backlogs with the Central Bank of Nigeria (CBN) and the National Hajj Commission.
Allen Onyema, CEO of Air Peace, emphasized the fragile nature of airline operations, noting that “any small issue can jeopardize an airline’s market presence.” He stressed the need for ongoing support for airlines, aligning with global practices to ensure the sector’s sustainability and growth.
Onyema commended the federal government for its proactive step in signing the CTC Practice Directions, stating that it will have significant long-term benefits for the industry.
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