USD To NGN Black Market Rate Stabilizes at ₦1,540 Despite Market Volatility

Check the latest Dollar to Naira exchange rate for April 1st, 2025, in the black market below. You can exchange your dollars for Naira at these rates.

Dollar to Naira Exchange Rate Today in the Black Market

• Buying Rate: ₦1,550

• Selling Rate: ₦1,560

The rates for buying and selling dollars at the Lagos Parallel Market (Black Market) on April 1, 2025, are ₦1,550 for buying and ₦1,560 for selling, according to Bureau De Change (BDC) sources.

Central Bank of Nigeria (CBN) Rate

• Highest Rate: ₦1,542

• Lowest Rate: ₦1,520

It’s important to note that the Central Bank of Nigeria (CBN) does not endorse the parallel market (black market). The CBN has directed individuals interested in forex transactions to use their respective banks for official exchanges.

Additional News: The World Bank is set to approve $632 million in fresh loans to Nigeria, aimed at improving sectors like nutrition and education despite the rising debt concerns. The funds will support projects such as the Accelerating Nutrition Results in Nigeria 2.0 and HOPE for Quality Basic Education for All, which are expected to make a significant impact on healthcare and education in the country.