Black Market Dollar To Naira Exchange Rate Today 29th June 2022


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 28th, 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 N607 and sell at N612 on Tuesday, 28th, 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 607
Selling Rate 612

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

60% Nigerians Can’t Afford New Cars – Expert Analyses FG’s Policy On Tokunbo Cars

The federal government has been urged to review its policy on the importation of vehicles into Nigeria considering the masses, Naija News reports. This is as the acting National President of the Association of Nigerian Licensed Customs Agents, Kayode Farinto, lamented recent hitches encountered with the Vehicle Identification Number (VIN) introduced by the government. It was observed that since the introduction of the electronic system for the valuation of imported vehicles, the platform has been riddled with controversies that have made vehicles almost inaccessible to ordinary Nigerians. The PUNCH had carried out deep findings into the situation to examine how the platform has raised duty on imported vehicles by over 100 per cent, among other challenges being faced by importers. Naija News recalls that the government through the Nigerian Customs Service, in February 2022, introduced the VIN for the valuation of imported cars in a bid to ensure uniformity of duties on imported used vehicles of the same year, company and model. The system, however, has since generated many controversies as freight forwarders and clearing agents operating in the nation’s maritime sector continue to lament over it, saying it was marred by hitches and inconsistencies.

This article was originally published on Naija News

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