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Naira Vs Dollar: Fresh Rate Sparks Concern Across Nigeria’s Economy

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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 April 8. These are the rates at which the dollar is traded for naira in the informal market.

How much is a dollar to naira today in the black market?
At the Lagos parallel market, traders sell one US dollar for ₦1,410 and buy at ₦1,390 as of Wednesday, April 8, 2026, based on information from Bureau De Change (BDC) sources.

It is important to note that the Central Bank of Nigeria does not officially recognise the black market. The apex bank has advised individuals seeking foreign exchange to conduct transactions through licensed banks.

Black Market Dollar to Naira Rate

  • Selling Rate: ₦1,410
  • Buying Rate: ₦1,390

CBN Official Dollar to Naira Rate

  • Highest Rate: ₦1,388
  • Lowest Rate: ₦1,363

Keep in mind that actual buying or selling rates may vary, as forex prices are not fixed and can differ depending on location and dealer.

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