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Dollar To Naira Black Market Rates Skyrocket Today, February 6, 2025
Curious about today’s Dollar to Naira exchange rate on the black market, also known as the parallel market (Aboki fx)? Here’s the latest update for February 5, 2025. These are the rates at which you can exchange your dollars for naira.....KINDLY READ THE FULL STORY HERE▶
How Much is a Dollar to Naira in the Black Market Today?
According to sources at the Bureau De Change (BDC), the Dollar to Naira exchange rate at the Lagos Parallel Market (Black Market) stands as follows on Wednesday, February 5, 2025:
- Buying Rate: ₦1580 per $1
- Selling Rate: ₦1590 per $1
Important Notice:
The Central Bank of Nigeria (CBN) does not recognize transactions carried out on the parallel (black) market. Individuals looking to engage in foreign exchange (Forex) transactions are advised to approach their respective banks.
Official CBN Dollar to Naira Rate – February 5, 2025:
- Highest Rate: ₦1502 per $1
- Lowest Rate: ₦1494 per $1
Note: The rates mentioned in this report may vary from the actual rates you receive when buying or selling forex, as prices fluctuate frequently.
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