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Dollar to Naira Exchange Rate (Black Market) – 2nd October 2025

What is the Dollar to Naira exchange rate at the parallel market, also known as the black market or Aboki FX?

According to sources from the Bureau De Change (BDC), the exchange rate for Thursday, 2nd October 2025, stood as follows:

• Selling Rate: ₦1,490 per $1

• Buying Rate: ₦1,470 per $1

This means that traders at the Lagos black market were selling dollars for ₦1,490 while buying at ₦1,470.

It is important to note that the Central Bank of Nigeria (CBN) does not recognize transactions in the parallel market. The apex bank has directed individuals seeking foreign exchange to approach their respective banks instead.

Dollar to Naira Rates – 2nd October 2025

• Black Market (Aboki FX)

  • Selling: ₦1,490

  • Buying: ₦1,470

• CBN Official Rate

  • Highest: ₦1,468

  • Lowest: ₦1,445

Please note that forex prices vary across different dealers and locations, and the rate you buy or sell may differ slightly from those listed above.