Black Market Dollar To Naira Exchange Rate Today 20th May 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 19th May, 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 N580 and sell at N600 on Thursday, 19th May, 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
580

Selling Rate
600

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

FTX Urges FG To Provide Regulatory Framework For Crypto Market

The Federal Government has been urged to consider the licensing of blockchain technology in Nigeria, particularly crypto trading.

FTX, a native token designed for the cryptocurrency derivatives exchange made the call in Lagos State on Wednesday, Naija News understands.

Speaking at the third anniversary of the firm yesterday, Business Development Manager, FTX in Africa, Mr Adebayo Juwon lamented restrictions on the blockchain technology in Africa, Nigeria inclusive.

He urged the Nigerian government to licence crypto trading and come up with a regulatory framework that will guide the operations of the crypto market in the country.

This article was originally published on Nigeria News