Naira Plummets: Dollar Exchange Breaks Records Today

What is the Dollar to Naira exchange rate at the black market, also known as the parallel market or Aboki FX?
Check out the latest black market exchange rates for Tuesday, October 28, 2025, below. You can exchange your dollars for naira at these rates across key Bureau De Change (BDC) outlets.

Dollar to Naira (Black Market Rate Today)

At the Lagos Parallel Market (Black Market), traders were buying the U.S. dollar at ₦1,480 and selling at ₦1,495 on Tuesday, October 28, 2025, according to sources from the Bureau De Change (BDC).

⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market. It advises individuals seeking foreign exchange to transact through their respective banks or other officially licensed channels.

Dollar to Naira Exchange Rates Today (Black Market)

Dollar to Naira CBN Official Rate Today

Please note that forex rates vary slightly depending on the location and the trader involved. The prices quoted above are based on market averages as of this publication.