Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd December 2024
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 1st 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 N1720 and sell at N1730 on Sunday 1st December 2024, 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 | N1720 |
| Selling Rate | N1730 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1662 |
| Selling Rate | N1663 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The Securities and Exchange Commission (SEC) has alerted Nigerians against relying on Marino Limited for cryptocurrency trading.
SEC, in a statement, on Wednesday, said the trading platform, Marino, was not licensed to operate in any capacity in Nigeria’s capital market.
It stated that any claim made by the company regarding its license by SEC was false and misleading.
“The Securities and Exchange Commission (SEC) hereby notifies the public that Marino FX Ltd who is parading itself as a SEC licensed cryptocurrency exchange is not registered or licensed by the SEC to operate in any capacity in the Nigerian capital market, including cryptocurrency exchanges. Any claim to the public by the company of its registration or license by the SEC is false and misleading.
“The public is hereby advised to exercise caution and refrain from engaging with Marino FX Ltd or any of its representatives. Transacting in the Nigerian capital market with unregistered and unregulated entities exposes investors to financial risks, including fraud and the potential loss of investment,” it read.
The statement assured of SEC’s commitment to protect the country’s capital market from scams and other fraudulent activities.
