Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th August 2024

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Dollar to naira exchange rate today
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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 23rd August, 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 N1610 and sell at N1615 on Friday 23rd August 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 (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1610
Selling Rate N1615

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1591
Selling Rate N1592

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

NNPC Reveals Revenue It Made From Crude Oil Sale In 2023

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that the revenue it realised from crude oil sales in 2023 totalled ₦14.07 trillion.

This represents an increase of 298.7 percent relative to the N3.52 trillion earned in 2022, the NNPC said in its Audited Financial Statements (AFS) for the fiscal year ending December 31, 2023.

On August 19, the national oil company had declared a revenue of ₦24 trillion for the 2023 fiscal year.

Speaking in the AFS, the firm said it made ₦7.14 trillion from petroleum products sales last year up by 58.74 percent from the N4.5 trillion earned in 2022.

On revenue from the sale of natural gas, the NNPC said the country got ₦2.3 trillion in 2023, representing 237.31 percent growth compared to the N683 billion recorded in 2022.

The NNPC said the country earned about ₦94 million in 2023 from the sale of power, realising no revenue in the previous year.

The company said revenue from services hit ₦464.94 billion — up by 362.5 percent from ₦100.5 billion in 2022.

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