Dollar Soars Again! Black Market Exchange Rate Hits New High Against Naira – October 8, 2025 Update

What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?
Check out the black market Dollar to Naira rates for Tuesday, 7th October 2025. These are the rates at which you can exchange your dollars for Naira.

Black Market Dollar to Naira Rate (Aboki FX) – 7th October 2025:

• Selling Rate: ₦1,470 per $1

• Buying Rate: ₦1,455 per $1

This rate reflects transactions at the Lagos Parallel Market, according to Bureau De Change (BDC) sources.

Important: The Central Bank of Nigeria (CBN) does not recognize the black market. Individuals seeking to trade foreign exchange are advised to approach licensed banks for official transactions.

CBN Dollar to Naira Rate Today:

• Highest Rate: ₦1,477 per $1

• Lowest Rate: ₦1,467 per $1

Please note that forex rates may vary, so the rates you get when buying or selling dollars could differ from those listed above.