Latest Aboki Fx Exchange Rates: How Much is a Dollar to Naira Today?
For updates on the parallel market rate, see the exchange rates for November 20, 2024. Swap your dollar for naira at these rates and ensure you get the best deals.
Aboki Fx Exchange Rates for Today
Lagos Parallel Market Dollar to Naira Exchange Rates Today
As of Wednesday, November 20, 2024, black market players are buying dollars for N1740 and selling at N1750 according to Bureau De Change sources.
A word of caution: The Central Bank of Nigeria (CBN) does not recognize the parallel market due to its official instruction that individuals engaging in forex operations should approach their banks for assistance.
Dollar to Naira Exchange Rate Update Today
| Transaction Type | Exchange Rate Today (USD to NGN) |
| Buying Rate | N1740 |
| Selling Rate | N1750 |
Central Bank of Nigeria Official Rate Today
| Transaction Type | Official Rate Today (USD to NGN) |
| Buying Rate | N1687 |
| Selling Rate | N1688 |
Please be aware that forex prices vary, so your buy/sell rates may differ.
We have exciting news in the energy sector: the Dangote Petroleum Refinery has partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply 60 million liters of Premium Motor Spirit (PMS) – commonly known as petrol – weekly.
This translates to 240 million liters per month and is dependent on the demand and patronage from the association.
According to IPMAN, the refinery is set to supply this massive volume of fuel directly to them, bypassing intermediaries.
A significant development in the petrol market is the steady decrease in prices due to the deregulation of the sector. Oil marketers recently disclosed that over two billion liters of PMS have been imported within 42 days.
Naijawebinfo will continue to provide you with the latest updates in the energy sector, helping you stay informed about important news and trends.
The $20 billion Lekki-based refinery is also planning to secure substantial funds to support its crude oil imports and capacity expansion plans.
