Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2025

Check the current black market exchange rate for the US Dollar to Naira as of Friday, July 11, 2025. These are the prevailing rates if you plan to exchange your dollars on the parallel market.

Black Market Exchange Rate (Aboki FX) – July 11, 2025

• Buying Rate: ₦1,540

• Selling Rate: ₦1,555

These figures reflect the average rates reported by Bureau De Change (BDC) operators in Lagos and other major cities.

⚠️ Disclaimer: The Central Bank of Nigeria (CBN) does not recognize the parallel market for foreign exchange. It advises individuals to conduct all forex transactions through authorized financial institutions.

CBN Official Exchange Rate – July 11, 2025

• Highest Rate: ₦1,531

• Lowest Rate: ₦1,520

Note: Rates may vary depending on your location, the transaction method, and market fluctuations.

In Other News: Bitcoin Hits Record High

Bitcoin surged to a new all-time high of $112,000 late Wednesday, driven by increasing institutional investment and renewed interest from hedge funds, asset managers, and pension funds.

The flagship cryptocurrency climbed 3.1% to briefly touch $112,009 before settling at $111,259—marking a 20% increase year-to-date.

“The momentum from traditional finance players shows that Bitcoin’s rise is no longer a trend—it’s a major shift,” said a Lagos-based crypto analyst.