What is the Dollar to Naira Exchange complaint astatine the achromatic marketplace besides known arsenic the parallel marketplace (Aboki fx)?...READ THE FULL ARTICLE HERE ▶▶
See the achromatic marketplace Dollar to Naira speech complaint for 20th August, below. You tin swap your dollar for Naira astatine these rates.
How overmuch is simply a dollar to naira contiguous successful the achromatic market?
Dollar to naira speech complaint contiguous achromatic marketplace (Aboki dollar rate):
The speech complaint for a dollar to naira astatine Lagos Parallel Market (Black Market) players bargain a dollar for N1602 and merchantability astatine N1605 connected Tuesday 20th August 2024, according to sources astatine Bureau De Change (BDC).
Please enactment that the Central Bank of Nigeria (CBN) does not admit the parallel marketplace (black market), arsenic it has directed individuals who privation to prosecute successful Forex to attack their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1602 |
| Selling Rate | N1605 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1587 |
| Selling Rate | N1588 |
Please enactment that the rates you bargain oregon merchantability forex whitethorn beryllium antithetic from what is captured successful this nonfiction due to the fact that prices vary.
The Nigerian National Petroleum Company (NNPC) Ltd has clarified that it is presently selling petrol (Premium Motor Spirit, PMS) astatine lone fractional of its landing cost.
Speaking successful Abuja connected Monday, NNPC’s Chief Financial Officer, Umar Ajiya, emphasized that the institution is covering what helium termed arsenic a “shortfall” alternatively than offering a subsidy.
Ajiya revealed that portion the authoritative pump terms of petrol is astir ₦600 per litre, the existent landing outgo is person to ₦1,200 per litre.
He confirmed to Bloomberg that NNPC has spent ₦7.8 trillion successful the archetypal 7 months of 2024 to screen this shortfall.
Although subsidy typically means selling a merchandise beneath outgo price, Ajiya was keen to separate this concern from a accepted subsidy.
Despite interior communications betwixt NNPC and the presidency—seen by TheCable—using the word “subsidy” to picture the shortfall, Ajiya denied that NNPC is engaged successful subsidizing petrol during a media briefing connected the company’s 2023 audited fiscal statements.
He stated that NNPC is simply managing the quality betwixt the landing outgo and the selling terms successful coordination with the Federation.
The station Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st August 2024 appeared archetypal connected Naija News.
