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Alert: Dollar Rockets, Naira Nose-Dives — What This Means For Your Wallet

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6 months ago

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Wondering what the Dollar to Naira exchange rate is at the black market, also known as the parallel market or Aboki FX? Below is the rate for Monday, October 27, 2025.....KINDLY READ THE FULL STORY HERE▶

If you’re exchanging dollars for naira, here’s what you can expect at the Lagos Parallel Market (Black Market), according to Bureau De Change (BDC) sources:

  • Buying Rate: ₦1,485 per $1

  • Selling Rate: ₦1,499 per $1

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Please note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The apex bank has advised individuals seeking foreign exchange to use their respective banks instead.

Dollar to Naira Black Market Rate (Aboki FX) – October 27, 2025

Transaction Type Exchange Rate
Buying Rate ₦1,485
Selling Rate ₦1,499
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Dollar to Naira (CBN Official Rate) – October 27, 2025

Rate Type Exchange Rate
Highest Rate ₦1,457
Lowest Rate ₦1,450

Note: The rates you buy or sell forex may vary depending on your location and the dealer you transact with.

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