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 9th November, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the 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 N815 and sell at N850 on Wednesday 9th November 2022, 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
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 815 |
| Selling Rate | 850 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Jumia CEOs Step Down Over Persistent Losses
The founders and co-Chief Executive Officers(CEO) of Jumia Technologies, Sacha Poignonnec, and Jeremy Hodara, have both stepped down from their positions over persistent losses.
Naija News reports that the move, which was with immediate effect, saw Francis Dufay, who has since 2014 held various leadership roles at the company assume the role of the acting CEO.
According to Bloomberg, the development was necessitated by persistent losses and a slumping share price of the Africa-focused e-commerce group.
Jumia is reported to be struggling with slumping share price, as it listed in the US in 2019, and the shares have since lost 71% of their value.
The stock slumped 13% as of 12:19 p.m. in New York.
Bloomberg added that a search for a permanent replacement for the former leaders was underway.
This article was originally published on Naija News
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