Black Market Dollar (USD) to Naira (NGN) exchange rate today 10/06/2024 You Need To Know
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What is the exchange rate of Black Market Dollar to Naira in the black market known as parallel market (Aboki fx)?
See the US dollar to Naira exchange rate on June 9, below. You can convert your dollars to Naira at this rate.
Today, how much is Black Market Dollar?
Dollar to Naira today in the black market (Aboki dollar): The price of one dollar to one naira at the Parallel Market (Black Market) in Lagos is buying a dollar at N1490 and selling a dollar at N1495 on Sunday, June 9, 2024, according to BDC sources. Please note that the Central Bank of Nigeria (CBN) does not approve of the black market, so it has instructed those who want to do Forex trading to approach their banks.
Dollar to Naira Black Market Dollar Rate Today
| Dollar to Naira (USD to NGN) | Black Market Dollar Exchange Rate Today |
| Buying Rate | N1490 |
| Selling Rate | N1495 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1484 |
| Selling Rate | N1485 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Note that the price at which you buy or sell forex may differ from what is captured in this article because prices vary.
The IMF forecast in Nigeria will decrease by 14 percent Data from the International Monetary Fund (IMF) predicts
that inflation in Nigeria will stabilize at 14 percent in 2029, indicating the possibility of an end to the current situation.
This projection brings some relief to concerns about rising inflation, which currently stands at 33.69 percent as of April 2024, according to the National Bureau of Statistics.
This figure is different from the IMF’s previous forecast of 24.6 percent for this year. According to IMF data, inflation is expected to decrease gradually from 23 percent in 2025 to 16 percent in 2026, 15.4 percent in 2027, and finally stabilize at 14 percent. in 2028 and 2029.
This proposed reform is a positive development for the Nigerian economy, which is suffering from inflation and interest rates.
The Nigerian economy has faced challenges in recent days, where inflation and interest rates pose a major threat to economic growth and stability.
