Latest Black Market Exchange Rate: Dollar To Naira As Of 9th April 2024 

Latest Black Market Exchange Rate: Dollar To Naira (USD To NGN) As Of 9th April 2024 

Seeking the Current Dollar to Naira Exchange Rate in the Unofficial Market? Discover the black market exchange rate for Dollar to Naira as of 8th April below, commonly referred to as the parallel market (Aboki FX). You can exchange your dollar to Naira at these prevailing rates…….READ ALSO Breaking: Latest Black Market Dollar (USD) To Naira (NGN) Exchange Rate Revealed

Curious about today’s Dollar to Naira rate in the black market? Here’s the current Dollar to Naira exchange rate in the black market (Aboki dollar rate): At the Lagos Parallel Market (Black Market), traders buy a dollar for N1218 and sell it for N1223 as of Monday, 8th April 2024, according to sources within the Bureau De Change (BDC).

Kindly note that the Central Bank of Nigeria (CBN) does not endorse the parallel market (black market), instead directing individuals interested in forex transactions to their respective banks.

Black Market Exchange Rate: Dollar to Naira (USD to NGN) Today Buying Rate: N1218 Selling Rate: N1223

Please be aware that the actual rates for buying or selling forex may differ from those outlined in this article due to market fluctuations.

Concerns Raised by LCCI Regarding the Impact of High Energy Costs and Interest Rates on Businesses The Lagos Chamber of Commerce and Industry (LCCI) has voiced apprehensions about the challenges confronting businesses in Nigeria due to various factors.

Notably, the chamber highlighted the effects of increased Monetary Policy Rate (MPR) and escalating electricity tariffs.

In a statement issued to LEADERSHIP, Dr. Chinyere Almona, the director-general of LCCI, underscored these concerns.

Almona expressed the chamber’s serious reservations regarding the Central Bank of Nigeria’s (CBN) recent decision to raise the Monetary Policy Rate (MPR) from 22.75 per cent to 24.75 per cent.

Furthermore, the chamber perceives the recent hike in electricity tariffs as exacerbating the already burdensome cost of living and doing business in Nigeria.

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