Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th October 2024

by · Naija News

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 23rd October, 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 N1723 and sell at N1728 on Wednesday 23rd October 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 (USD to NGN)Black Market Exchange Rate Today
Buying RateN1723
Selling RateN1728

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)CBN Rate Today
Buying RateN1655
Selling RateN1656

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

We Will Shut Down Without Tariff Hike – MTN Nigeria

MTN Nigeria has stated that the company will fold up if the country’s policies are not reviewed to allow it to increase tariffs.

MTN stressed the critical necessity for the telecommunications industry to regain profitability and maintain its operations.

Naija News reports that the Chief Executive Officer of the leading telecommunications provider in Nigeria, Karl Toriola, conveyed this message on Monday during a visit to MTN’s facilities by participants of the Media Innovation Programme in Ibeju-Lekki, Lagos.

Toriola, overseeing approximately 78 million subscribers, highlighted that the sector has been facing substantial financial losses and that prompt measures are essential to reverse this situation.

According to its 2023 Sustainability Report, the operator, which has invested ₦2.6 billion in corporate social initiatives, is currently relying on profits accumulated over the past two decades.