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 29th April, 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 Lagosย Parallel Market (Black Market)ย players buy a dollar for N735 and sell at N745 on Saturday 29th April 2023, according to sources atย Bureau De Change (BDC).
Please note that theย Central Bank of Nigeria (CBN)ย does not recognize the parallel market (black market), as it has directed individuals who want to engage inย Forexย 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 | N735 |
| Selling Rate | N745 |
Please note that theย rates you buy or sell forex may be different from what is captured in this article because prices vary.
PFAs Invest N121.68 Billion Pension Fund Into Infrastructure โ PenCom Reveals
A total sum of N121.68 billion of the Contributory Pension Scheme has been invested into infrastructure by Pension Funds Operators by the end of February 2023.
Naija News reports that the development was contained in the National Pension Commissionโs (PenCom) unaudited report on the pension funds industry portfolio for the period ended 28 February 2023, titled โApproved Existing Schemes, Closed Pension Fund Administrators and RSA funds (including unremitted contributions @CBN & legacy funds).
According to the document, while the total Retirement Savings Accounts under the CPS as of 28 February 2023 stood at 9,919,281, the total fund of pension assets under management stood at N15.45 trillion.
The infrastructure funds rose from N74.54 as of February 2022 and N67.1bn in 2021 respectively.
