Current Dollar to Naira Exchange Rate in Nigeria – Black Market & CBN Update

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The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to attract strong attention from traders, businesses, and individuals who rely on foreign exchange for daily transactions.

Dollar to Naira Rate at the Black Market (Aboki FX)

As of Friday, December 26, 2025, the Dollar to Naira exchange rate at the Lagos parallel market, commonly referred to as the black market or Aboki FX, shows the following figures based on information obtained from Bureau De Change (BDC) operators.

Selling Rate: ₦1,475 per $1
Buying Rate: ₦1,467 per $1

This means traders are selling one US Dollar for ₦1,475, while buyers can exchange ₦1,467 to receive one Dollar at the black market.

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The apex bank has repeatedly advised Nigerians seeking foreign exchange to conduct transactions through licensed banks and authorized financial institutions.

Official Dollar to Naira Rate (CBN)

According to available data from the Central Bank of Nigeria, the official exchange rates for the Dollar to Naira today are as follows:

Highest Rate: ₦1,455 per $1
Lowest Rate: ₦1,435 per $1

Important Notice

Foreign exchange rates may vary depending on location, demand, and market conditions. As a result, the actual rate at which you buy or sell dollars may differ slightly from the figures stated in this report.