Latest
Naira Under Pressure Again? Fresh Dollar Rate Sparks Panic On May 2
What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?....KINDLY READ THE FULL STORY HERE▶
Below is the black market exchange rate for May 1. These are the approximate rates at which dollars are exchanged for naira.
How much is a dollar to naira today in the black market?
At the Lagos parallel market, Bureau De Change (BDC) sources indicate that the dollar is being sold at ₦1400 and bought at ₦1385 as of Friday, May 1, 2026.
It is important to note that the Central Bank of Nigeria (CBN) does not recognise the black market and advises individuals seeking foreign exchange to use official banking channels.
Dollar to Naira Black Market Rate (USD/NGN):
- Selling Rate: ₦1400
- Buying Rate: ₦1385
Dollar to Naira Official (CBN) Rate:
- Highest Rate: ₦1378
- Lowest Rate: ₦1370
Keep in mind that exchange rates may vary slightly depending on location and market conditions.
Peter Obi Is A Good Man, But Not Fit For President” — Ex-Obidient Member Sparks Controversy
Tension In APC: Presidency Moves To Quell Explosive Primary Disputes
Breaking: Bola Ahmed Tinubu Declares National Emergency Over Rising Insecurity And Poverty
Sh*ck Victory: Carter Efe Defeats Portable To Claim Celebrity Boxing Crown
Breaking: ADC Seeks INEC Approval As It Plans To Release Crucial Election Schedule
Political Tension Rises As Tonye Cole Grabs APC Ticket Form For Rivers Clash
Delta State Tragedy: Police Reveal New Details On Officer’s Role In Fatal Incident
Lagos 2027 Shake-Up: Obasa Backs Hamzat As Tinubu, GAC Reach Crucial Decision
Game Over! Iyawe Picks Reps Form — Oredo Politics Set For A Shockwave
