Dollar To Naira Black Market Rates Skyrocket Today, February 6, 2025

Published February 6, 2025 at 6:39 AM

Curious about today’s Dollar to Naira exchange rate on the black market, also known as the parallel market (Aboki fx)? Here’s the latest update for February 5, 2025. These are the rates at which you can exchange your dollars for naira.

How Much is a Dollar to Naira in the Black Market Today?
According to sources at the Bureau De Change (BDC), the Dollar to Naira exchange rate at the Lagos Parallel Market (Black Market) stands as follows on Wednesday, February 5, 2025:

Buying Rate: ₦1580 per $1
Selling Rate: ₦1590 per $1

Important Notice:
The Central Bank of Nigeria (CBN) does not recognize transactions carried out on the parallel (black) market. Individuals looking to engage in foreign exchange (Forex) transactions are advised to approach their respective banks.

Official CBN Dollar to Naira Rate – February 5, 2025: