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 17th July, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in 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 N590 and sell at N615 on Sunday, 17th July, 2022, 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 | 590 |
| Selling Rate | 615 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
Nigeria’s oil production crashed by about 14.94 million barrels in the second quarter of 2022, Naija News reports.
Data obtained from the latest Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries (OPEC) for June 2022 revealed this.
An analysis of figures released by OPEC and the average cost of crude in Q2 2022 obtained from global oil price reports, indicated that Nigeria’s oil earnings plunged by about N703.76bn, being the worth of the 14. 94 million barrels of crude were lost during the review period.
In OPEC’s crude oil production data based on direct communication from its 13-member nations, the organisation stated that in the first quarter of this year, Nigeria produced 1.299 million barrels of oil per day.
But this dropped to 1.133 million barrels per day in the second quarter, indicating a plunge of 166,000 barrels per day.
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