Naira Under Pressure As Black Market Dollar Rate Hits New High – July 9, 2025

What’s the Dollar to Naira rate at the black market (also known as Aboki FX)?
Check below for the exchange rate on the parallel market for July 8, 2025. These are the rates at which you can buy or sell your dollars for naira.

As of Tuesday, July 8, 2025, the exchange rate in the Lagos black market sees dealers buying at ₦1,540 and selling at ₦1,555, according to Bureau De Change (BDC) sources.

Please be aware that the Central Bank of Nigeria (CBN) does not endorse or recognize the black market. Anyone seeking foreign exchange is advised to go through their banks.

Note: Rates may vary depending on location and vendor.