What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?
Below is the latest update on the black market exchange rate for the U.S. Dollar to the Nigerian Naira as of Thursday, January 29, 2026. These figures represent the rates at which traders exchange dollars for naira within Lagos and other major cities.
How Much Is a Dollar to Naira Today in the Black Market?
Dollar to Naira Exchange Rate – Black Market (Aboki FX):
According to information obtained from Bureau De Change (BDC) operators, the dollar is currently being sold at ₦1,480 and bought at ₦1,465 in the Lagos parallel market.
| Transaction Type | Rate |
|---|---|
| Selling Rate | ₦1,480 |
| Buying Rate | ₦1,465 |
Official CBN Dollar to Naira Exchange Rate Today
Below are the rates provided by the Central Bank of Nigeria (CBN):
| Rate Category | Amount |
|---|---|
| Highest Rate | ₦1,400 |
| Lowest Rate | ₦1,367 |
Important Notice
The Central Bank of Nigeria (CBN) does not officially recognize the black market, also known as the parallel market. Individuals and businesses seeking to conduct foreign exchange transactions are strongly advised to use licensed banks and authorized financial institutions.
Please also note that foreign exchange rates may vary, depending on location, volume, and market demand. As such, the actual buying or selling price you encounter may differ slightly from the figures published in this report.
