Black Market Dollar To Naira Exchange Rate Today 12th 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 11th June, 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 N590 and sell at N610 on Saturday, 11th June, 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
610

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

Petrol Price Would Be N600 Per Litre Without Subsidy

Premium Motor Spirit popularly known as petrol would have been swinging between N500 and N600 per litre if the government was not subsidizing it, says the President, Petroleum Products Retail Outlets owners Association of Nigeria, Billy Gillis-Harry.

Following the recent fuel scarcity that rocked the country, the present pump price of petrol in Nigeria has returned to between N162 to N170/litre, Naija News understands.

Oil marketers, however, noted that the actual cost of PMS in the country could have been a little higher or about the same price of diesel had it been PMS was deregulated.

The latest test Nigerian National Petroleum Company Limited data sighted by newsmen on Wednesday in Abuja showed that the amount spent on fuel subsidy grew from January to April this year.