Are you looking for the current Dollar to Naira exchange rate on the black market, also known as the parallel market (Aboki FX)? Below is the latest information on the rates for 29th November 2024, sourced from Bureau De Change (BDC) operators in Lagos. Dollar to Naira Black Market Rate Dollar to Naira CBN Official Rate The Central Bank of Nigeria (CBN) continues to emphasize its disapproval of the black market, encouraging individuals and businesses to source forex through official channels, such as banks. Below are the official rates as of today: Please note that these rates may vary depending on your location and the dealer. Key Takeaways on Forex Rates Petrol Price Set to Drop by December Nigerian petroleum marketers project a potential reduction in Premium Motor Spirit (PMS) prices by December, bringing rates down to between ₦900 and ₦1,000 per litre. This optimism stems from recent developments at Dangote Refinery, which has slashed its ex-depot petrol price by ₦20, lowering it from ₦990 to ₦970 per litre as a goodwill gesture to Nigerians. Industry Insights: READ ALSO:
