Black Market Dollar To Naira Exchange Rate Today 25 April 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 24th April, 2022 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 N570 and sell at N586 on Sunday, April 24th 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
570

Selling Rate
586

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

Nigeria’s Crude Oil Production Rigs Drop By 37.5% – OPEC

The number of functional crude oil production rigs in Nigeria has dropped to 10, the Organisation of Petroleum Exporting Countries, OPEC, revealed this in it’s latest report.

Functional oil rigs in the country as at fourth quarter of 2019 were 16, the report revealed.

Naija News understands that an oil rig, offshore platform, or oil and/or gas production platform is a large structure with facilities to extract, and process petroleum and natural gas that lie in rock formations beneath the seabed of an oil-producing nation.

As sighted from OPEC’s latest Monthly Oil Market Report for April 2022, Nigeria’s operational oil rigs had not been stable since 2019.

In its world rig count and units, OPEC stated that in 2019 Nigeria had an average of 16 functional rigs, but this dropped to 11 in 2020 and crashed further to an average of seven in 2021.