Black Market Dollar To Naira Exchange Rate Today 9th 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 8th 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 N585 and sell at N610 on Wednesday, 8th 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
585

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.

Nigeria’s Public Debt Hits N2.04tn in Q1 – DMO

The Debt Management Office (DMO) says Nigeria’s total public debt stock increased to N41.60tn in the first quarter of 2022 from N39.56tn as of December 2021.

In a statement on Tuesday on its website, the DMO said the latest figure shows an increase of N2.04tn within a period of three months.

It said the public debt stock covers the total domestic and external debt of the Federal Government and state governments and the Federal Capital Territory.

The DMO also said the total public debt to GDP is now 23.27 per cent, which is below Nigeria’s self-imposed limit of 40 per cent.