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Dollar Vs Naira: Exchange Rate Update For December 5, 2025
Wondering how much a dollar is worth in the black market, also known as the parallel market or Aboki FX? Here’s the latest update for December 4, 2025, showing the rates at which you can exchange dollars for Naira.....KINDLY READ THE FULL STORY HERE▶
Black Market Dollar to Naira Rates (Aboki FX)
In Lagos’ parallel market, sources from Bureau De Change (BDC) report that a dollar is being sold for ₦1,475 and bought for ₦1,465 as of Thursday, December 4, 2025.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN directs individuals wishing to trade in foreign exchange to conduct transactions through authorized banks.
Summary of Exchange Rates
| Exchange Type | Rate (₦) |
|---|---|
| Black Market Selling | 1,475 |
| Black Market Buying | 1,465 |
| CBN Highest Rate | 1,450 |
| CBN Lowest Rate | 1,446 |
Please note that forex rates may vary depending on the time and location of the transaction, so the rates you receive could differ from those listed above.
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