Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 8th May 2025

What’s the current exchange rate between the US Dollar and Nigerian Naira on the black market, also known as the parallel market or Aboki FX? Find the rates for Wednesday, May 7, 2025, below. These are the rates at which you can exchange dollars for naira today.

Dollar to Naira Black Market Rate (Aboki FX)

According to Bureau De Change (BDC) sources in Lagos:

• Buying Rate: ₦1,628 per $1

• Selling Rate: ₦1,673 per $1

Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN advises individuals who need foreign exchange to use official channels through their respective banks.

Official CBN Exchange Rate for Today

• Highest Rate: ₦1,615

• Lowest Rate: ₦1,605

Keep in mind that actual rates may vary depending on your location and the dealer you transact with.