Latest US Dollar Naira Black Market Rates Today, September 3, 2022

What is the exchange rate between the dollar and the naira in the black market, also known as the parallel market (Aboki fx). See the black market exchange rate between the dollar and the naira for September 3 below. You can exchange your dollar for Naira at these rates.

How much is a dollar to a naira today on the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate of a dollar to naira in Lagos Parallel market (black market) players buy a dollar for N693 and sell at N697 on Saturday, September 3, 2022, sources tell us. Currency Exchange (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 approach their respective banks.

Black market exchange rate of dollar to naira today

Dollar to Naira (USD to NGN) Black market exchange rate today
Purchase rate 693
Sell ​​rate 697

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

The Central Bank of Nigeria (CBN) revealed in its statistical report that there was a decline in crude oil revenues in the first quarter of 2022.

During the period considered, revenues from crude oil would have fallen by 29%.

Naija News reports that the apex financial institute said in its latest economic and statistical report that in the first quarter of the year, crude oil revenue fell to 790 billion naira from the 1.1 billion naira recorded in the quarter. previous.

Nigeria’s crude oil and gas revenues in the first quarter of 2022 were also 17.1% lower than the N956 billion revenues recorded during the same period in 2021.

The CBN said oil revenue for the first quarter of 2022 accounted for 38% of the country’s gross revenue, which stood at 2 trillion naira during the reporting period, while non-oil revenue, at 1.1 trillion naira, accounted for 62% of total revenue. .

In comparison, in the fourth quarter of 2021, oil revenue represented 46% of gross revenue, as in the first quarter of 2021.

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