The exchange rate between the U.S. Dollar (USD) and the Nigerian Naira (NGN) at the black market—also known as the parallel market or Aboki fx—remains a key reference point for many Nigerians.
Dollar to Naira (Black Market Rate – Lagos, September 29, 2025):
- Buying: ₦1,490
- Selling: ₦1,510
These figures come from Bureau De Change (BDC) operators in Lagos on Monday, September 29, 2025.
Important Note:
The Central Bank of Nigeria (CBN) does not recognize the parallel market. Individuals seeking foreign exchange are advised to use official banking channels.
CBN Official Dollar to Naira Rate (September 29, 2025):
- Highest Rate: ₦1,486
- Lowest Rate: ₦1,475
Exchange rates may vary depending on location, transaction size, and demand. Always confirm rates before carrying out forex transactions.
