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

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 25th November, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the 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 N1752 and sell at N1755 on Monday 25th November 2024, 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 CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Price Of Kerosene Hits ₦2000 Per Litre In October – NBS

The National Bureau of Statistics (NBS) has revealed that the price of kerosene has sharply risen, further burdening Nigerian households already struggling with rising living costs.

According to the NBS’s latest Price Watch report, the cost of both kerosene per litre and per gallon has increased both month-on-month and year-on-year, with the North Central region reporting the highest average retail prices.

Notably, residents in Abuja, Kaduna, and Akwa Ibom are paying some of the highest prices for the fuel.

The report shows that the average retail price of Household Kerosene (HHK) in October 2024 reached ₦1,957.44 per litre, marking a 3.07% increase from ₦1,957.44 in September 2024.

Year-on-year, the price has surged by 54.81% from ₦1,303.16 in October 2023.

The average retail price per gallon of kerosene also saw an uptick, rising by 1.94% to ₦6,949.75 in October 2024, compared to ₦6,818.11 in September 2024. This represents a 51.68% increase from ₦4,581.89 in October 2023.

State-wise, the report highlights that Abuja recorded the highest average price per litre in October 2024, at ₦2,875.00, followed by Akwa Ibom at ₦2,518.89, and Kaduna at ₦2,500.79.