Current Dollar to Naira Exchange Rates in Nigeria (Black Market & CBN)

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

Below is the latest update on the dollar-to-naira black market exchange rate for Monday, January 27th, 2026. These figures represent the average rates at which traders exchange dollars for naira across major markets.

What is the dollar to naira exchange rate in the black market today?

Dollar to Naira Exchange Rate (Black Market / Aboki FX):
According to information obtained from Bureau De Change (BDC) operators in Lagos, the dollar is being sold at ₦1,490 and purchased at ₦1,480 as of Tuesday, January 27th, 2026.

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize transactions conducted in the parallel market. The apex bank has consistently advised individuals and businesses to carry out all foreign exchange transactions through licensed commercial banks and approved financial institutions.

Dollar to Naira Black Market Rate Today

Currency Pair	Black Market Rate
Selling Rate	₦1,490
Buying Rate	₦1,480

Dollar to Naira CBN Official Rate Today

Currency Pair	CBN Rate
Highest Rate	₦1,415
Lowest Rate	₦1,400

Please be aware that exchange rates may vary depending on location, market conditions, and individual dealers. As a result, the amount you buy or sell foreign currency for may differ slightly from the rates published in this report.