Latest USD to NGN Black Market and CBN Rates — January 7 2026

Spread the love

What is the current exchange rate between the US Dollar and the Nigerian Naira in the black market, also known as the parallel market (Aboki fx)?
Below is the updated black market rate for January 6. These are the rates at which dollars were sold and bought by currency traders.

What Is the Dollar to Naira Rate in the Black Market Today?

Black Market (Aboki FX) Dollar to Naira Rate:
Based on information gathered from Bureau De Change (BDC) operators in Lagos, the dollar traded at ₦1485 for selling and ₦1477 for buying on Tuesday, January 6, 2025.

It is important to emphasize that the Central Bank of Nigeria (CBN) does not acknowledge or support the use of the parallel market. The apex bank instructs individuals seeking foreign exchange to make transactions through their banks instead of using informal market traders.

Dollar to Naira Black Market Rate (Today)

Dollar to Naira (USD to NGN)	Black Market Rate Today
Selling Rate	₦1485
Buying Rate	₦1477

Dollar to Naira CBN Official Rate (Today)

Dollar to Naira (USD to NGN)	CBN Rate Today
Highest Rate	₦1426
Lowest Rate	₦1414

Please be aware that the rate at which you buy or sell foreign currency may differ from the figures listed above, as pricing often fluctuates depending on location, demand, and individual dealer negotiations.