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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2024

by Ikenna Ngere
July 11, 2024
in Uncategorized
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Black Market Dollar to Naira Exchange Rate Today – June 24, 2025
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What is the Dollar to Naira Exchange rate at the black market, also known as the parallel market (Aboki fx)?

Check the black market Dollar to Naira exchange rate for 10th July below. These are the rates at which you can swap your dollars for Naira.

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

Dollar to Naira exchange rate today at the black market (Aboki dollar rate):

The exchange rate for a dollar to Naira at the Lagos Parallel Market (Black Market) sees players buying a dollar for ₦1,540 and selling it at ₦1,550 on Wednesday, 10th July 2024, according to sources at the Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and 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: ₦1,540
– Selling Rate: ₦1,550

Dollar to Naira CBN Rate Today
– Dollar to Naira (USD to NGN) CBN Rate Today
– Buying Rate: ₦1,548
– Selling Rate: ₦1,549

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

NGX Suspends Trading for Unity Bank, NPF Microfinance, and Six Others

NGX Regulation, the regulatory division of the NGX Group, has suspended trading in the stocks of eight companies due to their failure to submit their respective accounts for 2023.

In an announcement released on Monday, the Head of the Issuer Regulation Department, Godstime Iwenekhai, stated that the suspension would take effect immediately.

The companies affected by this suspension, as listed in the market bulletin, are Unity Bank, C&I Leasing Plc, Guinea Insurance, Lasaco Assurance, Mutual Benefits Assurance, NPF Microfinance Bank, Regency Alliance Insurance, and Secure Electronic Technology Plc.

Iwenekhai said, “Trading in the shares of the eight companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX or The Exchange) effective today, Monday, 8 July 2024, for not filing their Audited Financial Statements for the year ended 31 December 2023.”

Also, listed companies are obligated to comply with post-listing requirements by submitting their accounts and other documents within a specified timeframe on the Exchange.

Tags: Dollar to Naira Exchange rateGodstime IwenekhaiNGX Regulation
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