How Much Is Dollar to Naira Today? Black Market Rate for January 31 2026

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Many Nigerians continue to monitor the movement of the United States dollar against the naira, particularly within the black market, commonly referred to as the parallel market or Aboki FX.

Below is an overview of the Dollar to Naira exchange rate in the black market as of Thursday, January 30. These are the prevailing rates at which dollars are exchanged for naira in informal currency markets.

Current Dollar to Naira Rate in the Black Market

So, how much is one dollar worth in naira today at the parallel market?

According to information gathered from Bureau De Change (BDC) operators in Lagos, traders at the black market are selling one US dollar for ₦1,470, while buying at ₦1,455 on Friday, January 30, 2025.

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize transactions carried out in the black market. The apex bank has consistently advised individuals and businesses seeking foreign exchange to conduct such transactions through licensed commercial banks.

Dollar to Naira Black Market Rate Today (USD/NGN)

Selling Rate: ₦1,470
Buying Rate: ₦1,455

Dollar to Naira Official CBN Rate Today (USD/NGN)

Highest Rate: ₦1,392
Lowest Rate: ₦1,381

Please be aware that foreign exchange rates may vary slightly depending on location and dealer. As a result, the price at which you buy or sell dollars may differ from the figures stated in this report.