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Naira Under Pressure As Dollar Exchange Rate Sparks Fresh Market Tension
The current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX), reflects ongoing fluctuations in Nigeria’s foreign exchange space.....KINDLY READ THE FULL STORY HERE▶
Below is the latest black market rate for the dollar to naira as of Friday, June 5, 2026. These rates indicate how much traders are buying and selling the US dollar for in exchange for naira.
How much is a dollar to naira today in the black market?
In the Lagos parallel market, Bureau De Change (BDC) operators reportedly sell the US dollar at ₦1,400 and buy it at ₦1,385, according to market sources.
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. Individuals seeking foreign exchange are advised to carry out transactions through authorized financial institutions.
Dollar to Naira Black Market Rate Today
- Selling Rate: ₦1,400
- Buying Rate: ₦1,385
Dollar to Naira CBN Official Rate Today
- Highest Rate: ₦1,366
- Lowest Rate: ₦1,360
Please note that exchange rates may vary depending on location, dealer, and transaction volume, meaning actual buying or selling prices may differ from those stated above.
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