Black Market Dollar To Naira Exchange Rate Today 18th June 2022

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 17th June, 2022, below. You can swap your dollar to Naira at these rates.

How much is dollar to naira today in 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 N600 and sell at N610 on Friday, 17th June, 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

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

The Nigerian Communications Commission (NCC) has noted that Nigerians and other nationals within Nigeria in 2021 spent N3.25tn on airtime, data, and other telecommunication services.

In 2020, N2.88tn was spent, while in 2019 N2.47tn was spent on data and other services.

A report titled, ‘2021 Subscriber/Network Data Annual Report,’ by the NCC said, “Finance – This collation was based on the submissions received from service providers. It indicates that the total revenue in the sector recorded was N3.25tn.”

In 2021, 173.56 billion minutes of calls were made in Nigeria, indicating a 15.07 per cent increase from the 150.83 billion minutes of calls that were made in 2020.

The number of SMSes sent increased by 15.06 per cent from 8.22 billion in 2020 to 9.46 billion in 2021.

The revenue was generated by operators in GSM, fixed wired, Internet service provision, value service added, collocation and infrastructure sharing, and other spaces.