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Dollar vs. Naira: Exchange Rate Update For January 8, 2026
What is the Dollar to Naira Rate in the Black Market (Parallel Market/Aboki FX)?....KINDLY READ THE FULL STORY HERE▶
Check out the black market exchange rate for the US Dollar against the Naira as of Wednesday, January 7, 2025. You can exchange your dollars at the rates listed below.
Black Market Dollar to Naira Rate (Lagos Parallel Market):
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Selling Rate: ₦1,485
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Buying Rate: ₦1,477
Sources from Bureau De Change (BDC) report that these are the going rates for Lagos as of January 7.
Important: The Central Bank of Nigeria (CBN) does not recognize the black market. Individuals seeking foreign exchange are advised to transact through authorized banks.
Dollar to Naira Rate via CBN Today:
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Highest Rate: ₦1,423
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Lowest Rate: ₦1,415
Note that forex rates fluctuate, so the actual rate you receive may differ from what is listed here.
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