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 14th January, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the 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 N1275 and sell at N1285 on Sunday 14th January 2024, 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 CBN Rate Today

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

The United Nations announced on Wednesday that the global unemployment rate is expected to experience a slight increase in 2024.

The UN’s labor agency expressed concerns about stagnant productivity, escalating inequalities, and inflation impacting disposable income.

The agency noted that the economic recovery from the Covid-19 pandemic has decelerated, citing ongoing geopolitical tensions and persistent inflation as factors prompting assertive measures by central banks.

The International Labour Organization (ILO) reported that despite concerns, global growth in 2023 exceeded expectations, and labor markets displayed unexpected resilience.

However, the ILO highlighted that real wages decreased in most G20 countries as wage hikes failed to match the pace of inflation.