Dollar To Naira Skyrockets On Black Market! See Today’s Rate – August 2, 2025

Here’s the black market exchange rate for the US Dollar to Nigerian Naira as of Friday, August 1st, 2025. These are the rates at which you can exchange your dollars for naira in the parallel market, commonly known as the Aboki FX market.....KINDLY READ THE FULL STORY HERE▶

Black Market (Parallel Market) Rate:

• Buying Rate: ₦1550/$

• Selling Rate: ₦1555/$

This rate is based on information gathered from Bureau De Change (BDC) sources in Lagos.

⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize or endorse rates from the parallel market. For official foreign exchange transactions, individuals are advised to use authorized banks.

CBN Official Exchange Rate:

• Highest Rate: ₦1535/$

• Lowest Rate: ₦1533/$

Keep in mind that the rates may vary slightly depending on location, dealer, and time of transaction.

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