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Dollar Soars Against Naira: Exchange Rate Sh*ck For January 3, 2026

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

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Below is the black market Dollar to Naira exchange rate for Friday, January 2, 2025. These are the rates at which dollars can be exchanged for naira.

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Dollar to Naira Black Market Rate Today

At the Lagos parallel market, commonly referred to as the black market, Bureau De Change (BDC) operators are selling the dollar at ₦1,480 and buying at ₦1,478, according to market sources.

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It is important to note that the Central Bank of Nigeria (CBN) does not recognize or support transactions carried out in the parallel market. The apex bank has consistently advised individuals and businesses seeking foreign exchange to transact through official banking channels.

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Dollar to Naira Exchange Rates

Black Market (USD to NGN)

  • Selling Rate: ₦1,480

  • Buying Rate: ₦1,478

CBN Official Rate (USD to NGN)

  • Highest Rate: ₦1,438

  • Lowest Rate: ₦1,427

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Please be aware that foreign exchange rates may vary slightly depending on location and market conditions, so actual buying or selling prices may differ from those listed above.

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