Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th June 2025

Here’s the current black market (parallel market, also known as Aboki fx) exchange rate for the US Dollar to Nigerian Naira as of Friday, June 6, 2025. You can exchange your dollars at the following rates:

Black Market Dollar to Naira Rate (Aboki fx) – June 6, 2025
According to sources from the Bureau De Change (BDC) in Lagos, the dollar is being bought at ₦1590 and sold at ₦1600 in the black market.

Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market. Individuals are advised to conduct foreign exchange transactions through their banks.

Summary of Dollar to Naira Rates

Please be aware that rates may differ depending on location and dealer margins.

Meanwhile in the Oil Market…
As competition heats up in Nigeria’s downstream petroleum sector, six major depots have slashed petrol prices to remain competitive.

New Petrol Prices by Depot Operators:

• Emadeb: ₦827/litre (down from ₦903)

• First Royal: ₦826/litre (from ₦828)

• MENJ: ₦826/litre (from ₦827)

• Aiteo: ₦825/litre (from ₦826)

• Pinnacle: ₦850/litre (from ₦856)

• Hyde: ₦868/litre (from ₦869)

According to Petroleumprice.ng, these price adjustments are expected to continue, given the current global crude oil price hovering around $65 per barrel. Industry insiders are also anticipating further reductions from the Dangote Petroleum Refinery in the near future.