Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

Do you want to know how much the Dollar to Naira at black market exchange rate is today?. 

This page contains the dollars to naira today in black market,  the aboki dollar to naira today also known as the parallel market or Aboki fx.

Black market dollar to naira exchange rate today 9th October 2022, Aboki dollar rate can be accessed below...


IMPORTANT NOTE: Please note that the exchange rate of dollar to naira changes hourly. .. It depends on the volume of dollars available and the demand. What it means is that… You can buy or sell 1 dollar at 740 and the price can change (high or low) within hours.


Ejes Gist Newspaper provides you with the most accurate dollar to naira at black market exchange rate.

How much is dollar to naira black market and dollars to naira today in black market

The aboki dollar to naira today exchange rate,  for a dollar to naira at the Lagos Parallel Market (Black Market) players buy a dollar for N730 and sell it at N734 on Friday, October 9th , according to sources at Bureau De Change (BDC).

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Please be aware that the parallel market, also referred to as the “black market dollar rate” is not recognised by the Nigerian Central Bank (CBN). Instead, the government advises people to use their own banks if they want to trade foreign exchange.

What is the Dollar to naira exchange rate today black market?

The Black Market Naira To Dollar Exchange Rate Today also known as Aboki dollar rate Today in Nigeria and the Abokifx exchange rate in Nigeria today black market is also follows;

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 730
Selling Rate 734

Please note that the rates at which you sell or buy forex might be different from what is written in this article because prices vary.

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What is the value of Dollar to naira black market today in Lagos? 

The Aboki exchange rate today in Lagos is as follows;

Dollar to Naira Dollar to naira black market today in Lagos
Buying 730
Selling 734

Click Here  to See All Daily dollars to naira black market rate


How much is black market dollar to naira today in Port Harcourt and Delta State?

The Black Market Dollar To Naira  Rate Today  in Port Harcourt is as follows;

Dollar to Naira (USD to NGN) Black Market Dollar To Naira Today  in Port Harcourt
Buying Rate 730
Selling Rate 734

 


CBN Official Dollar to Naira exchange rate.


Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 435.09
Selling Rate 444.95

 

 1 GBP to NGN – British Pounds to Nigerian Nairas Exchange Rate.


Dollar to Naira (GBP to NGN) Pounds to Naira official exchange rate today 
Buying Rate 508.73
Selling Rate 532.78

 

1 EUR to NGN – Euros to Nigerian Nairas Exchange Rate.

Dollar to Naira (EUR to NGN) Euro to Naira official exchange rate today 
Buying Rate 452.34
Selling Rate 459.85

Other Currencies Exchange Rate.

  • Pounds to Naira Black Market is 910
  • Euro to Naira today Black Market 895

How Much Is A Dollar To A Naira Currently.

How much is 100 dollars in Naira?

USD Dollar Converting Dollar to Naira 
1 USD 435.09 NGN
10 USD 4,350.9 NGN
100 USD 43,509 NGN

 

Dollar to Naira Black Market Exchange rate in Nigeria Range. 


The Dollar to Naira Black Market Exchange rate 9th October, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 730
Selling Rate 734/734

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦734/$

AbokiFX.com is where you get your Abokifx Your Daily Naira Exchange Rate and Yesterday Abokifx Naira Rate.

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 730
Selling Rate 732

 

What is the bank rate of dollar to naira today?

First Bank current dollar to naira exchange rate.

First of Nigeria Plc Currency Exchange Rate is $1 = ₦520.50

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Zenith bank Dollar to naira exchange rate today’s.

Zenith Bank Plc Currency Exchange Rate $1 = ₦529.90

Western Union USD to NGN exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦549.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦530.20.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦529.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦540.01

Access Bank USD to NGN exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦521.21.

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Meanwhile, ”

Nigerian telecommunications companies have announced a 10% increase in the prices of their internet data services.

On Saturday evening, MTN (@MTN180) and Airtel (@AirtelNigeria) announced the increase on their verified Twitter pages.

The recent 10% increase is still less than the 40% increase initially proposed by telecommunication companies under the auspices of the Association of Licensed Telecommunication Operators of Nigeria.

Dollar to Naira at black market exchange rate Sunday October 9th, 2022.

The telecom companies stated in a letter to the Nigerian Communications Commission that the cost of doing business in the country had increased by 40%, necessitating the proposed increase in services.

“Given the state of the economy and the approximately 40% increase in the cost of doing business,” the letter stated, “we wish to request an interim administrative review of the mobile (voice) termination rate for voice; administrative data floor price, and cost of SMS as reflected in existing instruments.”

However, the NCC responded that certain procedures must be followed before an increase can be implemented.

 

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During the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja, the Minister of Communications and Digital Economy, Isa Pantami, stated that with the increase in operating costs due to inflation and rising diesel prices, among other factors, there have been more than 15 attempts to increase the price of telecommunication services in the last three years, which he has fought.

“In spite of the sector’s contributions and achievements, we have been recording some challenges coming up from time to time that if care is not taken, these challenges could be a barrier to the development of this sector in the coming years,” the minister added. One of them is the problem of excessive and, at times, multiple taxation in the sector.”

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Abokifx exchange rate in Nigeria today black market, .Naira Black Market Exchange Rates Today | Dollar To Naira. abokiFX Your daily NGN exchange rate

 

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The Nigerian NGN is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.

Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

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  • Dollars To Naira Exchange Rate Today

eNaira Currency ,Dollar To Naira Exchange Rate Today

The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).

Click here to learn more about the eNaira wallet.  eNaira wallet

 

The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.

Disclaimer:  The exchange rate of the dollars to naira black market is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.

What are the major factors influencing dollars to naira today in black market.

Here are some of the reasons for the dollars-to-naira exchange rate decline.

Inflation Rates: Inflation is well understood to have a direct impact on black market exchange rates. If the Nigerian economy can be stabilised and inflation is brought under control, the naira will benefit; however, if the naira continues to fall, it could indicate that food and other necessities are becoming more expensive on a daily basis.

Interest Rates: Another tool to keep an eye on is interest rates. If the interest rate at which banks lend money rises, the economy will contract and the naira’s value will fall.

Government Debt:

National debt can have an impact on investor confidence and, as a result, the flow of funds into the economy. If capital inflows are significant, the naira exchange rate will rise in its favour.

Speculators: Speculators frequently influence the naira and USD exchange rates. They hoard money in the hope of making a profit, causing the naira to plummet even further.

Conditions of Trade: Despite the fact that Nigeria currently has a trade deficit, favourable trade terms will cause the naira to appreciate against the dollar. Everything is supplied by China, India, and the majority of Asian countries.

In Nigeria, there is no uniform us dollars to naira exchange rate.

Also, visit Ejes Gist News for us currency to naira exchange rate today black market as we will keep you updated with the latest updates on the Dollar To Naira  Exchange Rate Today, Crude,  FX Market. dollars to naira today in black market

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