What is the Dollar to Naira rate today in the black market? The Dollar to Naira exchange rate today in the black market (Aboki dollar rate) is as follows:
At the Lagos Parallel Market (Black Market), traders buy a dollar for N1315 and sell it at N1325 as of Wednesday, January 17th, 2024, according to sources at the Bureau De Change (BDC).
Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and directs individuals interested in Forex to approach their respective banks.
– Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
– Buying Rate: N1315
– Selling Rate: N1325
– Dollar to Naira (USD to NGN) CBN Rate Today
– Buying Rate: 894
– Selling Rate: 895
Note that the rates for buying or selling forex may vary from those captured in this article because prices fluctuate.
Inflation Report for Nigeria from January to December 2023
Nigeria’s food inflation increased to 33.93%, up from the 32.84% recorded in November 2023.
GOLDENNEWSNG reports that this figure was confirmed in the latest inflation report by the National Bureau of Statistics (NBS), revealing Nigeria’s headline inflation rose to 28.92% in December, compared to 28.20% in November 2023.
The report, released on Monday by the statistics bureau, details that on a year-on-year basis, the country’s inflation rose by 7.58% from the 21.34% recorded in December 2022 to 28.92% in December 2023.
