The dollar to naira exchange rate at the black market, also known as the parallel market or Aboki FX, remained high on Wednesday, December 24, 2025. Findings from Bureau De Change (BDC) operators in Lagos show that the US dollar is being sold at ₦1,475, while buyers are purchasing at ₦1,467.
This rate reflects ongoing pressure on the naira amid sustained demand for foreign exchange outside official channels. Market watchers note that volatility in the parallel market continues to influence pricing of goods and services across the country.
The Central Bank of Nigeria (CBN) has repeatedly warned that it does not recognise the black market and has advised individuals and businesses seeking foreign exchange to approach commercial banks through official channels.
Despite this directive, many Nigerians still monitor parallel market rates due to limited access to official forex windows.
Black Market Dollar to Naira Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Selling Rate | ₦1475 |
| Buying Rate | ₦1467 |
CBN Dollar to Naira Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1455 |
| Lowest Rate | ₦1435 |
Please note that the buy or sell forex rates may be different from what is recorded in this article, prices vary.
