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HomeBusinessDollar To Naira Exchange Rate Today 12th October 2022

Dollar To Naira Exchange Rate Today 12th October 2022

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 11th October, 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 Tuesday 11th October 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 730
Selling Rate 740

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

2023 Budget: Pensions, Gratuities, Retirees’ Benefit To Gulp N854.8bn
Pensions, gratuities and retirees’ benefits will gulp N854.8bn from the proposed N19.76 trillion budget for the 2023 fiscal year as presented by President Muhammadu Buhari before the National Assembly last Friday, Naija News understands.

Recall that the nation’s leader presented his last budget, the 2023 appropriation bill before the senate at a joint session of the National Assembly in Abuja over the weekend.

From the document presented, it was revealed that the total non-debt recurrent expenditure from January to July 2002 was 3.24tn, of which 2.87tn was for salaries, pensions and overheads.

See also  Black Market Dollar To Naira Exchange Rate Today 20th November 2022

The federal government also noted that it would spend N20.15tn for the 2023 fiscal year.

 

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