Tag: Aboki Fx

Yesterday, the Naira strengthened to N1,580 per dollar in the parallel market, up from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,570 per dollar from N1,608.73 per dollar on Wednesday, indicating N38.73 appreciation for the naira. The volume of dollars traded in the market grew by 47 percent to $142.32 million from $270.81 million traded on Wednesday. Consequently, the margin between the parallel market and NAFEM rate narrowed to N10 per dollar from N13.73 per dollar on Wednesday.

April 27 Black Market Naira to Dollar Forex Rate

Hetty

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) also known as aboki fx saw players buy a dollar for N1380 and sell at N1410 on Saturday 27th April 2024, according to sources at Bureau De Change (BDC). Central Bank of Nigeria (CBN) however, continues to maintain that it does […]

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FG Announces Ban on Binance, Aboki Fx

Hetty

The Presidency has banned online cryptocurrency and Foreign Exchange (Forex) platforms from operating in Nigeria. The Special Adviser to President Bola Tinubu on Economic Affairs (Office Of the Vice President), Tope Fasua, confirmed this on Wednesday. The Federal Government had blocked the major online crypto platforms to avert the continuous manipulation of the forex market […]

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Naira Sinks to All Time Low, Sells at N1,043.09 to the Dollar

TRENDING ! Naira Crashes Further to N870 Per Dollar

Hetty2 Comments on TRENDING ! Naira Crashes Further to N870 Per Dollar

The naira has further crashed to N870/$1 as of Friday 4th November, 2022 at the black market. Nairametrics credits the black market traders with the latest update. Nigeria’s currency had exchanged N820/$1 in the previous trading session. The exchange rate at the cryptocurrency peer-to-peer FX market also declined against the US dollar to trade at […]

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Naira Depreciates Further to N751 to $1 in the Parallel Market

Outrage as Naira Crosses 700 to the Dollar

Hetty1 Comment on Outrage as Naira Crosses 700 to the Dollar

There is outrage among Nigerian users of the dollar as the Naira has crossed 700 against the foreign currency. The crash was more noticeable in the parallel market where most users visit for their daily foreign transactions considering that it is almost never accessible in the banks. The exchange rate at the parallel market depreciated […]

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