The exchange rate between the United States Dollar and the Nigerian Naira at the parallel market, popularly known as the black market or Aboki FX, has continued to attract attention among Nigerians monitoring the foreign exchange market.
According to Bureau De Change (BDC) operators in Lagos, the Dollar exchanged at ₦1,393 for selling and ₦1,385 for buying on Thursday, May 28, 2026.
How Much Is Dollar To Naira In The Black Market Today?
At the Lagos Parallel Market, traders confirmed the following rates for the Dollar to Naira exchange:
Dollar To Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Buying Rate | ₦1,385 |
| Selling Rate | ₦1,393 |
Meanwhile, the Central Bank of Nigeria (CBN) has continued to distance itself from activities in the parallel market, maintaining that it does not officially recognize black market transactions. The apex bank has advised individuals seeking foreign exchange transactions to use commercial banks and approved financial institutions.
Dollar To Naira CBN Official Rate Today
| Dollar to Naira (USD to NGN) | CBN Official Rate |
|---|---|
| Highest Rate | ₦1,376 |
| Lowest Rate | ₦1,374 |
It is important to note that forex exchange rates may vary depending on location, demand, and volume of transaction, meaning the rates offered by traders could differ slightly from those listed above.