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 January 14th below. You can exchange your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
The Dollar to Naira exchange rate today in the black market (Aboki dollar rate) is as follows: Players in the Lagos Parallel Market (Black Market) buy a dollar for N1275 and sell at N1285 on Sunday, January 14th, 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 Exchange Rate Today:
Black Market Rate:
- Buying Rate: N1275
- Selling Rate: N1285
CBN Rate:
- Buying Rate: 864
- Selling Rate: 865
Please note that the rates for buying or selling forex may differ from those mentioned in this article as prices are subject to variation.
Global Unemployment Expected to Worsen in 2024, Says UN: On Wednesday, the United Nations revealed that the global unemployment rate is anticipated to see a slight increase in 2024.
The UN’s labor agency expressed worries about stagnant productivity, rising inequalities, and inflation impacting disposable income.
The agency highlighted that the economic recovery from the Covid-19 pandemic has slowed down, attributing it to ongoing geopolitical tensions and persistent inflation, prompting proactive measures by central banks.
The International Labour Organization (ILO) reported that despite concerns, global growth exceeded expectations in 2023, and labor markets demonstrated unexpected resilience.
