Naira Vs Dollar: Today’s Black Market Rate Sparks Fresh Concerns – October 5, 2025 Update

Dollar to Naira Black Market Exchange Rate (Parallel Market) – October 4, 2025

What is the current dollar to naira exchange rate at the black market, also known as the parallel market (Aboki FX)?

Check the updated black market rates for Saturday, October 4, 2025, below. You can exchange your dollars for naira at the following rates:

Black Market (Parallel) Exchange Rate

• Selling Rate: ₦1,470 per $1

• Buying Rate: ₦1,450 per $1

This rate reflects transactions in Lagos’ parallel market as reported by Bureau De Change (BDC) sources.

⚠️ Important Notice: The Central Bank of Nigeria (CBN) does not officially recognize the parallel/black market. The CBN advises individuals seeking forex to transact directly through their banks.

CBN Official Exchange Rate (October 4, 2025)

• Highest Rate: ₦1,472 per $1

• Lowest Rate: ₦1,446 per $1

Keep in mind that the rates at which you buy or sell forex may differ slightly, depending on location and dealer.