Dollar Soars! See Today’s Naira Rate — October 16, 2025 Edition

What is the current Dollar to Naira exchange rate at the black market, also known as the parallel market or Aboki fx?
Below is the latest update on the black market exchange rate for Tuesday, October 15, 2025. You can exchange your dollars for naira at the following rates:

Black Market (Aboki FX) Rate – October 15, 2025
At the Lagos Parallel Market (Black Market), currency dealers were buying the U.S. dollar at ₦1,490 and selling at ₦1,510 on Wednesday, according to sources from Bureau De Change (BDC) operators.

Please note that the Central Bank of Nigeria (CBN) does not officially recognize the black market, urging individuals seeking foreign exchange to use authorized financial institutions and their respective banks.

Note: Exchange rates may vary depending on the location and time of transaction, as forex prices fluctuate frequently.