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Naira Under Pressure: Today’s Black Market Exchange Rate Revealed – 29th January 2025
What is the Current Dollar to Naira Exchange Rate in the Black Market (Parallel Market)?....KINDLY READ THE FULL STORY HERE▶
Check out the black market Dollar to Naira exchange rate for 28th January 2025 below. You can exchange your dollars for naira at these rates:
How Much is a Dollar to Naira Today in the Black Market?
As of Tuesday, 28th January 2025, at the Lagos Parallel Market (Black Market), Bureau De Change (BDC) operators buy a dollar for ₦1,630 and sell at ₦1,640, according to market sources.
Important Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market (parallel market). Individuals seeking foreign exchange are advised to approach their respective banks.
Dollar to Naira Black Market Rate Today:
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate |
|---|---|
| Buying Rate | ₦1,630 |
| Selling Rate | ₦1,640 |
Dollar to Naira CBN Rate Today:
| Dollar to Naira (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1,537 |
| Lowest Rate | ₦1,530 |
Disclaimer: Exchange rates may vary depending on location and transaction volumes. The rates listed in this article may differ from what you encounter when exchanging forex.
Meanwhile, the retail cost of refilling a 12.5kg Liquefied Petroleum Gas (LPG) cylinder, commonly referred to as cooking gas, has decreased by 13.3%. On a month-to-month basis, the price dropped to ₦16,250 in January 2025 from ₦18,750 in December 2024.
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