Dollar vs Naira Today: Current Black Market and CBN Exchange Rates for January 22 2026

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

Below is an update on the Dollar to Naira exchange rate in the Nigerian parallel market for Wednesday, January 21st, 2026. These figures indicate the rates at which individuals can exchange dollars for naira through Bureau De Change (BDC) operators across major cities, especially Lagos.

Dollar to Naira Black Market Rate Today

At the Lagos parallel market, currency traders are currently selling one US dollar for ₦1,490, while buyers are purchasing at ₦1,480, based on information gathered from Bureau De Change sources.

Dollar to Naira (USD/NGN)	Black Market Rate
Selling Rate	₦1,490
Buying Rate	₦1,480

It is important to note that the Central Bank of Nigeria (CBN) does not officially endorse or recognize transactions conducted in the black market. The apex bank has consistently advised individuals and businesses seeking foreign exchange to process their requests through authorized commercial banks.

Dollar to Naira Official CBN Exchange Rate Today

Below are the official exchange rates as provided by the Central Bank of Nigeria:

Dollar to Naira (USD/NGN)	CBN Official Rate
Highest Rate	₦1,423
Lowest Rate	₦1,419

Please be aware that exchange rates may differ slightly depending on location, market demand, and the dealer involved. As a result, the actual buying or selling price you receive may vary from the figures stated above.