Here’s a refreshed overview of the Dollar to Naira exchange rate as of today, including both the parallel market and official figures.
Black Market (Parallel Market) Rate
In Lagos’ parallel market—commonly referred to as “Aboki FX”—the U.S. dollar is being traded at around ₦1,400 for selling and ₦1,390 for buying, based on information from Bureau De Change (BDC) operators on April 25, 2026.
Official CBN Rate
According to the Central Bank of Nigeria, the official exchange rate for the dollar falls within the range of:
- Highest rate: ₦1,361
- Lowest rate: ₦1,354
It’s important to note that the Central Bank of Nigeria does not recognize the black market. Individuals seeking foreign exchange are advised to go through authorized financial institutions.
Key Note
Exchange rates may vary slightly depending on location, demand, and the dealer involved, so the actual rate you get when buying or selling forex could differ from these figures.