Black Market Dollar To Naira Exchange Rate Today 11th 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 10th 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 Friday, 10th 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.

Banks Reward Savings Accounts With 1.28%, Lending Hits 26.61%

A figure released by the Central Bank of Nigeria has shown that the gap between the savings and lending rates in the banking sector widened by 25.33 percent in March.

It was disclosed that the savings deposit rate stands at 1.28 per cent in March while the maximum lending rate stands at 26.61 per cent.

According to the figure released by the apex bank, the savings rate in February was 1.28 per cent while the lending rate was 26.61 per cent.

While in January, the saving rate stood at 1.25 per cent while the lending rate was 30.73 per cent.

This article was originally published on Naija News