Black Market Dollar To Naira Exchange Rate Today 29 April 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 28th April, 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 N570 and sell at N589 on Thursday, April 28th 2022, 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
570

Selling Rate
589

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

FG, States, LGs Share ₦725bn As Federal Allocation Rises

The sum of ₦725bn has been shared by the Federation Accounts Allocation Committee (FAAC) among the three tiers of government.

The fund shared among the Federal, State and Local Government is the federal allocation for the month of March, 2022.

The March allocation has an indication that it increased by 23 percent compared to N590bn which was shared in February.

The allocation for the Month of March was revealed in a statement released at the end of the committee’s monthly meeting held virtually.

It was also disclosed that the total revenue of N725.57bn which was distributed was gotten from the Statutory Revenue of N521.16bn and Value Added Tax of N204.40bn.

The Federal Government received N277.10bn, states received N227.2bn while the local government areas got N167.91bn from the fund.

This article was originally published on Nigeria News