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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th April 2025
Check out the black market (parallel market) exchange rate for the U.S. Dollar to Naira as of Wednesday, April 23, 2025. If you’re looking to exchange dollars for naira, here are the latest rates:....KINDLY READ THE FULL STORY HERE▶
Black Market Dollar to Naira Rate Today (Aboki FX)
At the Lagos Parallel Market, also known as the black market, Bureau De Change (BDC) operators are buying dollars at ₦1610 and selling at ₦1620 on April 23, 2025, according to local sources.
⚠️ Important Note: The Central Bank of Nigeria (CBN) does not officially recognize rates from the parallel market. For official forex transactions, individuals are advised to use their commercial banks.
Exchange Rates Breakdown
| Market | Buying Rate (₦) | Selling Rate (₦) |
|---|---|---|
| Black Market (Aboki FX) | ₦1610 | ₦1620 |
| CBN Official Rate | Highest Rate (₦) | Lowest Rate (₦) |
|---|---|---|
| Central Bank Rate | ₦1606 | ₦1591 |
Please note: Actual rates may vary slightly depending on location and trader.
Meanwhile, the Nigeria Customs Service (NCS) announced that it confiscated 298 smuggled items worth a total of ₦7.6 billion within the first quarter of 2025. According to Naija News, the agency also generated a whopping ₦1.75 trillion in revenue for the country during Q1 2025.
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