Black Market Dollar To Naira Exchange Rate To Monday 13th February 2023 can be accessed below.
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 12th February, 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 N758 and sell at N760 on Sunday 12th February 2023, 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 | N758 |
| Selling Rate | N760 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Banks Shun CBN Directive, Reject Old Naira Notes
Reports have indicated that banks across the country have refused to accept old naira notes.
It was gathered that banks issued circulars to some of the filling stations, urging them to stop accepting the old bills, as the DMBs would not collect them from marketers.
According to Punch, many traders in the Federal Capital Territory, Ogun, and Lagos states have started rejecting the old N1,000, N500, and N200 notes.
The traders claimed that old notes collected from sales made were rejected by banks on Friday morning.
Naija News recalls that the Central Bank of Nigeria Governor, Godwin Emefiele during an interactive session with the House of Representative ad hoc committee on the currency redesign and naira swap policy on Tuesday said the CBN will accept the old naira from banks after the announced deadline.
He referred to the CBN act mandates the apex bank to continue to accept old notes after their expiration.
