Black Market Dollar (USD) To Naira (NGN) Exchange Rate On January 3, 2025

What is the current exchange rate for the Dollar to Naira in the black market, also referred to as the parallel market (Aboki fx)?....KINDLY READ THE FULL STORY HERE▶

Here’s the black market exchange rate for the Dollar to Naira on January 2, 2025. You can exchange your dollars for Naira at these rates.

How much is a Dollar to Naira today in the black market?

On Thursday, January 2, 2025, the exchange rate at the Lagos Parallel Market (Black Market) shows that a dollar is bought for N1655 and sold for N1665, according to Bureau De Change (BDC) sources.

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market and has advised individuals wishing to exchange forex to approach their respective banks.

Dollar to Naira Black Market Rate Today:

• Buying Rate: N1655
• Selling Rate: N1665

Dollar to Naira CBN Rate Today:

• Highest Rate: N1545
• Lowest Rate: N1538

Please be aware that the rates for buying or selling forex may differ from those mentioned here, as exchange rates can fluctuate.

Additionally, reports suggest that the Federal Government may reduce its crude oil supply to the Dangote Petroleum Refinery, lowering the current allocation from 300,000 barrels per day.