Black Market Dollar To Naira Exchange Rate Today 26th 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 25th 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 N610 on Wednesday, 25th 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
610

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

Marketers Lament As Cooking Gas Patronage Drops Amid Rising Prices

Nigerians have systematically and on condition found themselves alternatives to the usage of Liquefied Natural Gas (LPG) popularly known as cooking gas.

Naija News reports that marketers are lamenting poor patronage of gas for cooking across the states, identifying the cause as outrageous purchase costs.

It was revealed that the current national annual consumption of cooking gas is between 1.3mn and 1.5mn metric tons, showing a wide margin from the Federal Government’s annual target of 5mn metric tons.

President of, the Nigerian Gas Association, Ed Ubong, while speaking at a downstream event in Lagos on Tuesday, said there was a need for Nigeria to deepen domestic production of gas to bring down prices and increase local consumption, adding that affordability was being threatened.

This article was originally published on Nigeria News