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Naira Battles Dollar Again! Check Today’s Black Market Exchange Rate – 18th March 2025
Black Market Dollar to Naira Exchange Rate for March 17, 2025
Are you looking for the latest Dollar to Naira exchange rate in the parallel market (Aboki FX)? Here’s what you need to know.....KINDLY READ THE FULL STORY HERE▶
Current Black Market Exchange Rate (March 17, 2025)
The exchange rate at the Lagos Parallel Market (Black Market) sees players buying a dollar at ₦1575 and selling at ₦1585, according to sources within the Bureau De Change (BDC).
Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market. Individuals seeking foreign exchange are advised to approach their respective banks for transactions.
Black Market Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Buying Rate | ₦1575 |
| Selling Rate | ₦1585 |
CBN Official Dollar to Naira Rate
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1552 |
| Lowest Rate | ₦1512 |
Disclaimer: Forex rates fluctuate, and the price you buy or sell at may vary from what is captured in this report.
SEC Suspends Centurion Registrars from Capital Market
In a related development, the Securities and Exchange Commission (SEC) has announced the suspension of Centurion Registrars Limited, including its directors and affiliates, from participating in the capital market.
According to a statement titled “Additional Enforcement Measures on Erring Capital Market Operators”, the SEC emphasized that this action is part of a broader initiative in 2025 aimed at eliminating illegal capital market operations.
Affected clients of Centurion Registrars have been advised to contact Africa Prudential Plc for further assistance.
The SEC also revealed plans to publish a “Name and Shame” journal, listing capital market operators who violate market regulations. This move underscores the commission’s firm stance against non-compliance and aligns with its updated enforcement strategies.
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