Latest USD to NGN Rates (Black Market & CBN) – January 16 2026

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What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?
Below is the updated black market exchange rate for January 15th. These are the rates at which dollars can be exchanged for naira.

Current Black Market Dollar to Naira Rate
According to Bureau De Change (BDC) operators, traders at the Lagos Parallel Market are selling the U.S. dollar at ₦1500 and buying at ₦1485 as of Thursday, January 15th, 2025.

It is important to note that the Central Bank of Nigeria (CBN) does not officially acknowledge the parallel market. The CBN continues to advise individuals seeking foreign exchange to do so through their banks or approved channels.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Rate
Selling Rate	₦1500
Buying Rate	₦1485

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Official Rate
Highest Rate	₦1422
Lowest Rate	₦1418

Please be aware that the rates at which forex is bought or sold may differ from the figures stated above, as market prices fluctuate depending on location and the trader involved.