Current USD to NGN Black Market Exchange Rate – January 15 2026

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What is the current Dollar to Naira rate in the black market, also referred to as the parallel market or Aboki FX?
Below is the updated black market exchange rate for January 14th. These figures reflect what you can expect when exchanging your dollars for naira at informal market hubs.

How much is the Dollar to Naira rate in the black market today?

In the Lagos Parallel Market (Black Market), currency traders are reportedly selling the U.S. dollar at ₦1500 and buying it at ₦1482 as of Wednesday, January 14th, 2025, according to information gathered from Bureau De Change (BDC) operators.

It is important to remember that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market as an official exchange channel. The CBN continues to advise individuals seeking foreign exchange to conduct transactions through their respective commercial banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Rate Today
Selling Rate	₦1500
Buying Rate	₦1482

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Rate Today
Highest Rate	₦1421
Lowest Rate	₦1419

Please be aware that the actual rates at which you buy or sell foreign currency may vary, as prices fluctuate depending on location, demand, and negotiation.