Here’s the latest update on the Dollar to Naira exchange rate across both the black market (parallel market) and the Central Bank of Nigeria (CBN) official window.
💱 Black Market (Aboki FX) Exchange Rate – Saturday, October 25, 2025
According to information from Bureau De Change (BDC) operators in Lagos, the Dollar to Naira exchange rate in the parallel market is as follows:
| Transaction Type | Exchange Rate (₦) |
|---|---|
| Buying Rate | ₦1,485 per $1 |
| Selling Rate | ₦1,500 per $1 |
This means that traders are buying one U.S. dollar at ₦1,485 and selling at ₦1,500 in the black market as of Friday, October 24, 2025.
⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize the parallel or black market. Individuals seeking foreign exchange are advised to use official banking channels or licensed forex platforms.
🏦 CBN Official Exchange Rate – Saturday, October 25, 2025
| Transaction Type | CBN Rate (₦) |
|---|---|
| Highest Rate | ₦1,463 per $1 |
| Lowest Rate | ₦1,455 per $1 |
Please keep in mind that exchange rates can vary depending on location, demand, and market fluctuations. The rates at which you buy or sell forex may differ slightly from those published here.
