Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th May 2025

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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)?

Find below the black market exchange rate for Tuesday, May 6, 2025. These are the rates at which you can exchange your dollars for naira.

Black Market Exchange Rate (Aboki fx) – May 6, 2025
According to Bureau De Change (BDC) sources in Lagos, the dollar is being bought at ₦1600 and sold at ₦1613 in the black market.

Important Note:
The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN advises individuals and businesses seeking foreign exchange to use official banking channels.

Exchange Summary:

Dollar to Naira (USD to NGN) Black Market Rate
Buying Rate ₦1600
Selling Rate ₦1613
Dollar to Naira (USD to NGN) CBN Official Rate
Highest Rate ₦1609
Lowest Rate ₦1603

Note: The rates listed here may differ slightly depending on location and dealer, as exchange prices can fluctuate.

Author:
BushRadio

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