Today’s Black Market Dollar To Naira Exchange Rate (23rd April 2024) Revealed

Today’s Black Market Dollar To Naira Exchange Rate (23rd April 2024) Revealed

Curious about the current exchange rate of the Dollar to Naira in the black market, also known as the parallel market (Aboki fx)? Below, find the black market Dollar to Naira exchange rate for 22nd April…….read also Black Market Exchange Rate: USD To NGN On April 22nd, 2024

How much is a dollar to naira today in the black market?

Dollar to Naira Exchange Rate Today Black Market (Aboki Dollar Rate):

According to sources at Bureau De Change (BDC), players in the Lagos Parallel Market (Black Market) bought a dollar for N1230 and sold it at N1250 on Monday, 22nd April 2024.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), directing individuals who wish to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

Please note that the rates for buying or selling forex may vary from those captured in this article due to fluctuating prices.

FAAC Shares ₦1.1 Trillion Revenue To FG, States, LGs

The Federation Account Allocation Committee (FAAC) distributed a significant sum of ₦1.123 trillion from the March 2024 Federation Account revenue to the federal, state, and local government tiers on Friday.

Naija News reports that the allocation, as announced by the Director of Press and Public Relations at the Office of the Accountant General of the Federation, Bawa Mokwa, reflects an uptick in several major revenue streams, including import duty, value-added tax (VAT), gas royalty, and companies’ income tax (CIT).

According to a communique released after FAAC’s April meeting, the total distributable revenue consisted of ₦311.233 billion from distributable statutory revenue, ₦511.879 billion from distributable VAT revenue, ₦14.754 billion from Electronic Money Transfer Levy (EMTL), and ₦285.525 billion from exchange difference revenue.

The total available revenue for March was ₦1,867,808,000,000. Deductions for the cost of collection amounted to ₦69.537 billion, while transfers, interventions, and refunds totaled ₦674.880 billion.

March’s gross statutory revenue was ₦1.017 trillion, a decrease of ₦175.212 billion from February’s ₦1.192 trillion.

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