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Black Market Dollar To Naira Exchange Rate Today 26th December 2022

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 24th December, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the 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 N730 and sell at N740 on Saturday 24th December 2022, according to sources at Bureau De Change (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 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 N730
Selling Rate N740

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

The Federal Government is set to introduce 0.5 percent levy on imported goods to raise funds to meet its obligations to the African Development Bank (AfDB), the World Bank, and other multilateral organisations.

This is contained in a document titled ‘Invitation to a One Day Public Hearing and Submission of Memoranda on the 2022 Finance Bill,’ released by the House of Representatives Committee on Finance.

The new levy was introduced into the 2022 Finance Bill under Sector 13 for Customs, Excise, Tariff, etc. (Consolidation) Act.

According to the document, the planned imported levy is part of the government’s efforts to checkmate the country’s rising debt profile.

The document read in part, “In addition to extant customs duties and other approved charges, a levy of 0.5 percent is hereby imposed on all eligible goods imported into Nigeria from outside Africa to finance capital contributions, subscriptions, and other financial obligations to the African Union, African Development Bank, African Export-Import Bank, ECOWAS Bank for Investment and Development, Islamic Development Bank, United Nations, and other multilateral institutions as may be designated by regulation issued by the minister responsible for finance.”

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