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 15th July, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in 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 N590 and sell at N615 on Friday, 15th July, 2022, 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 | 590 |
| Selling Rate | 615 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
CBN Lends N595.34bn To Banks In Two Months
The Central Bank of Nigeria (CBN) said it released a total of N595.34bn to commercial banks in the two months.
The apex bank said it becomes the resort for the financial institutions, adding that increased liquidity in the banking system has resulted in a reduction in the amount borrowed by the lending institutions.
The CBN released the said loans to the financial institutions between January and February, Naija News understands.
The CBN’s monthly economic report showed that while N333.59bn was borrowed through the Standing Lending Facility in January, the amount reduced to N255.75bn in February.
