Categories: BusinessTop Headline

Aboki Forex: Dollar to Naira exchange rate today 1st October 2023

Black market dollar to naira: Aboki Exchange Rate Today 1st October  2023, Aboki dollar rate can be accessed below.

This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N998$1 and sell for N1003/$1. However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to naira exchange rate: Dollar to Naira Black Market Rate Today 1st October 2023

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N998
Selling Rate N1003

The local currency opened at N1003 per $1 at the parallel market otherwise known as the black market today, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N1003 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

IDOMA VOICE reports that in the black market, the players buy a dollar for NN998 and sell for N1003 on Sunday 1st October 2023.

Attah Aaron

Attah Aaron has spent over six years with Idoma Voice. He writes on religion and health.

Recent Posts

Nigeria’s Edem announces retirement from international table tennis

Nigeria's top female table tennis player, Offiong Edem, has announced her retirement from international competitions,…

5 mins ago

‘Super Eagles lucky to get a draw against my team’ – Gernot Rohr

Gernot Rohr, head coach of the Benin Republic national team, believes the Super Eagles of…

18 mins ago

Leverkusen Hail Boniface, Super Eagles After AFCON 2025 Qualification

Bundesliga champions Bayer Leverkusen have extended their congratulations to Victor Boniface and the Super Eagles…

45 mins ago

Ranieri appointed as new Roma head coach

Claudio Ranieri returned to manage his hometown club Roma on Thursday, ending his retirement to…

49 mins ago

Full list of Tinubu’s 13 media aides, portfolios

Since assuming office, President Bola Ahmed Tinubu has focused heavily on shaping the image of…

52 mins ago

AFCON Qualifiers: Super Eagles Draw 1-1 With Benin Republic

Nigeria’s Super Eagles settled for a 1-1 draw against Benin Republic in their 2025 Africa…

55 mins ago