Black Market Dollar To Naira Exchange Rate Today 6th May 2022

JUST IN: Naira Hits Strong Against Dollar At Parallel Market

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 5th May, 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 N587 on Thursday, 5th May, according to sources at Bureau De Change (BDC).

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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 587

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

Lekki Deep Sea Port Will Create 169,972 Jobs, Generate $201bn In Revenue – FG

The Federal Government has foretold that the Lekki Deep sea port project when completed would be a big game changer on the nation’s economy.

The Nigerian government further boasts that the project will create at least 169,972 job opportunities favorable to citizens.

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The Minister of Information, Alhaji Lai Mohammed, made the disclosure after a tour of the Lekki Deep Sea Port within the week, Naija News understands.

After completion according to the minister, the project would make Nigeria regain the maritime business that it lost to ports in Togo, Cote d’Ivoire and Ghana.

Mohammed mentioned further that the project would also be a big boost for Nigeria in its quest to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA).

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The minister estimated that over $201 billion in taxes, royalties and duties would be generated for the Nigerian government when the port commences operations in the fourth quarter of 2022.

This article was originally published on Nigeria News

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