The Dollar to Naira exchange rate in the black market, also known as the parallel market or Aboki fx, has once again sparked discussions among Nigerians as the rates continue to fluctuate.
On Thursday, September 25, 2025, reports from traders at the Lagos Bureau De Change (BDC) revealed that the Dollar was bought at ₦1520 and sold at ₦1510 in the black market.
This shows that while the buying price remains high, the selling rate has slightly adjusted, making many Nigerians concerned about the pressure on the local currency.
Meanwhile, at the Central Bank of Nigeria (CBN) official window, the Dollar traded between ₦1485 and ₦1491, as the apex bank continues to warn citizens that it does not recognize the parallel market. Instead, Nigerians seeking foreign exchange are urged to go through their respective banks for official rates.
Below is the breakdown for today’s exchange rates:
Dollar to Naira Black Market Rate Today (Aboki fx, September 25, 2025):
- Buying: ₦1520
- Selling: ₦1510
Dollar to Naira CBN Rate Today:
- Highest: ₦1491
- Lowest: ₦1485
The widening gap between the CBN rate and the parallel market continues to raise economic questions, with analysts warning that the black market will keep dictating street transactions until Nigeria stabilizes its forex supply.
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