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Forex Sh*cker: Latest Dollar-To-Naira Exchange Rate Triggers Market Jitters
The Dollar-to-Naira exchange rate at the black market, also known as the parallel market (Aboki FX), stood at ₦1,400 per dollar for selling and ₦1,390 for buying in Lagos on Tuesday, April 28, 2026, according to Bureau De Change (BDC) sources.....KINDLY READ THE FULL STORY HERE▶
This means those looking to exchange U.S. dollars for naira in the parallel market could do so around those rates, although prices may vary slightly depending on location and dealer. Meanwhile, the Central Bank of Nigeria (Central Bank of Nigeria) does not recognise the black market and has consistently advised individuals seeking foreign exchange to use official banking channels. At the official CBN window, the Dollar-to-Naira exchange rate recorded a high of ₦1,385 and a low of ₦1,367. Black Market (Aboki FX) Rates CBN Official Rates It is important to note that actual forex rates may differ from these figures, as exchange prices often fluctuate across markets and dealers.
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