Currency Sh*ck: Dollar To Naira Rate Sparks Panic In Forex Market Today

What is the Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?....KINDLY READ THE FULL STORY HERE▶

Below is the black market Dollar to Naira exchange rate for Saturday, 2nd May, 2026. It shows the rate at which you can exchange US dollars for naira in the parallel market.

Dollar to Naira Today (Black Market Rate)

In the Lagos parallel market, Bureau De Change (BDC) operators sold the dollar at ₦1,398 and bought it at ₦1,387 on Saturday, 2nd May, 2026, according to market sources.

It is important to note that the Central Bank of Nigeria (Central Bank of Nigeria) does not recognize the parallel (black) market. It advises individuals seeking foreign exchange to carry out transactions through official banking channels.

Black Market (Aboki FX) Rate Today

• Selling Rate: ₦1,398
• Buying Rate: ₦1,387

CBN Official Exchange Rate Today

• Highest Rate: ₦1,378
• Lowest Rate: ₦1,370

Please note that exchange rates may vary depending on location, dealer, and market conditions, meaning actual buying or selling prices may differ from those listed above.