Dollar To Naira Black Market Exchange Rate Today 3rd June 2022 : What is the black market, also known as the parallel market, exchange rate of the US dollar to Naira? (Aboki fx). The black market Dollar to Naira exchange rate for June 3rd, 2022 is shown below. At these rates, you can convert your USD to Naira.
How much is a dollar worth in Nigeria today?
Today’s black market dollar-to-naira exchange rate (Aboki dollar rate):
According to Bureau De Change sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players on Friday, June 3rd is N588 to N620
Please keep in mind that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and has advised individuals interested in Forex to contact their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | 588 |
Selling Rate | 620 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
World Bank Economists List Threats To Buhari’s Poverty Reduction Plan
Two leading World Bank economists have identified the threats to the Muhammadu Buhari administration’s poverty-reduction strategy.
According to GoldenNewsNg, President Buhari promised to lift 100 million Nigerians out of poverty in ten years, with a well-researched implementation and funding framework.
He made the promise during the inauguration of the National Steering Committee of the National Poverty Reduction with Growth Strategy, which is chaired by Vice President Yemi Osinbajo.
However, rising inflation, persistent population growth, the COVID-19 pandemic, and the war in Ukraine, according to economists, may have an impact on Nigeria’s poverty reduction strategy.