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Black Market

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th September 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as the black market, as of 5th September 2025, is

September 5, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

October 6, 2024

Business·Currency

Official Dollar Rate Surpasses N800, USD, Pound, Euro Prices Rise In Black Market

FMDQ Exchange, the official market aggregator, reported the naira to dollar exchange rate closed at N782.49/$1 on Wednesday. The United States Dollar was sold at a lower rate compared to the N788.42/$1 rate the American greenback cost on Tuesday. While this indicates

July 13, 2023

Breaking: CBN Raises Interest Rate To 18.75%

Business·Currency

Banks Are Formalising Black Market Operations, BDC Chief Says, Laments Exclusion

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said banks are now formalising the black market. Gwadabe stated that while banks are formalising parallel market operations, the Bureau De Change remain excluded from the Investors’

July 12, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

The Dollar was offered to traders in the official market at the rate of N462.33/$1 by the close of business on Friday, 12 May. This is lower than the N462.73/$1 investors and exporters bought the United States Dollar last week Thursday, 11

May 15, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Black Market Dollar Rate Now N291.75kobo Above Official Market, Pound Hits N950

The gap between the black market and the official window in the foreign exchange (Forex) market is ₦291.75 kobo according to the Forex data obtained by Prime Business Africa on Wednesday, 19 April 2023. According to Bureau De Change operators who spoke

April 19, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency depreciated in value by 0.45 per cent in the official market. Prime Business Africa learnt that the Naira to Dollar rate closed

April 4, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar To Naira Rate Hits N461.50kobo In Official Market, Drops In Black Market

The United States Dollar appreciated against the Nigerian currency, Naira, on Monday, 27 March 2023, as the exchange rate closed at N461.50 kobo in the official market. Both currencies had exchanged for N461.33 kobo/$1 last week Friday. This indicates the Naira weakened

March 28, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira depreciated in value by -0.19 per cent on Thursday, 16 March 2023. Following trading hours, the drop in the value of the

March 17, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market’s Dollar Rate Now N290 Above Official Market

The Naira to Dollar exchange rate in the official market depreciated on Tuesday, 14 March 2023, as the Nigerian currency regains some value lost to the United States legal tender in the last couple of days. Prime Business Africa gathered from FMDQ

March 15, 2023

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Black Market

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th September 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th October 2024

Official Dollar Rate Surpasses N800, USD, Pound, Euro Prices Rise In Black Market

Banks Are Formalising Black Market Operations, BDC Chief Says, Laments Exclusion

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

Black Market Dollar Rate Now N291.75kobo Above Official Market, Pound Hits N950

Dollar Rate Up In Official Market, As Naira Drops In Value

Dollar To Naira Rate Hits N461.50kobo In Official Market, Drops In Black Market

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

Black Market’s Dollar Rate Now N290 Above Official Market

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