The black market exchange rate for the Dollar to Naira (USD to NGN) remains a crucial topic for many in Nigeria. As of September 14, 2025, the rates at the Lagos Parallel Market indicate that buyers are purchasing dollars for ₦1522 and selling them for ₦1506, according to sources from Bureau De Change (BDC).
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has advised individuals seeking to engage in foreign exchange to approach their respective banks.
For context, the CBN’s official rates show a highest exchange rate of ₦1503 and a lowest of ₦1498 for the Dollar to Naira.
Keep in mind that actual rates may vary, and the prices you encounter when buying or selling forex could differ from those reported here.
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