Naira Dips Further: Black Market Dollar Hits ₦1,620 Amid Economic Uncertainty

What is the current Dollar to Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?

Below is the black market exchange rate for the US Dollar to Naira as of Tuesday, June 4, 2025. These are the rates at which you can buy or sell dollars in the parallel market.

How much is the Dollar to Naira today in the black market?
According to sources from Bureau De Change (BDC) operators in Lagos, the exchange rate today stands as follows:

• Buying Rate: ₦1,591

• Selling Rate: ₦1,600

Please note: The Central Bank of Nigeria (CBN) does not recognize the parallel market rates and advises individuals seeking foreign exchange to do so through official banking channels.

Dollar to Naira Black Market Rate (June 4, 2025):

CBN Official Rate:

Keep in mind that exchange rates may vary depending on the vendor and location.