Current Dollar to Naira Exchange Rate at Black Market and CBN

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What is the current exchange rate between the US Dollar and the Nigerian Naira at the black market, commonly referred to as the parallel market (Aboki FX)?

Below is the latest update on the Dollar to Naira exchange rate for Saturday, January 24, 2026. These figures represent the prevailing rates at which traders exchange dollars for naira across major parallel market locations.

How Much Is Dollar to Naira Today at the Black Market?

According to information obtained from Bureau De Change (BDC) operators in Lagos, the Dollar to Naira exchange rate at the parallel market currently stands as follows:

Selling Rate: ₦1,490 per dollar
Buying Rate: ₦1,482 per dollar

This means that traders are selling one US dollar for ₦1,490 and buying at ₦1,482 as of Saturday, January 24, 2026.

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize transactions carried out within the black market. The apex bank advises individuals and businesses seeking foreign exchange to conduct their transactions through authorized commercial banks and official financial channels.

Dollar to Naira Black Market Rate Today

Currency Pair	Exchange Rate
USD to NGN	Black Market Rate
Selling Rate	₦1,490
Buying Rate	₦1,482

Dollar to Naira CBN Official Rate Today

Currency Pair	Exchange Rate
USD to NGN	CBN Official Rate
Highest Rate	₦1,423
Lowest Rate	₦1,420

Please be aware that foreign exchange rates may vary slightly depending on location, dealer, volume, and timing of the transaction. As a result, the rates you encounter may differ from those listed in this report.

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