The dollar to naira exchange rate at the parallel market, popularly known as the black market or Aboki FX, has once again left Nigerians buzzing with concern.
On Tuesday, September 9, 2025, Bureau De Change (BDC) sources in Lagos confirmed that the dollar was bought at ₦1526 and sold at ₦1511.
This stark reality in the streets contrasts with the official Central Bank of Nigeria (CBN) stance, which continues to warn against the use of the parallel market. The apex bank insists that anyone seeking foreign exchange should approach their respective banks for legitimate transactions.
The wide disparity between the black market and official rates has continued to fuel debates about Nigeria’s forex policy and its impact on businesses, importers, and everyday citizens struggling with the rising cost of goods.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦1526 |
| Selling Rate | ₦1511 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1509 |
| Lowest Rate | ₦1497 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
As the exchange rate volatility persists, many Nigerians are left wondering whether the government can stabilize the naira or if the black market will remain the go-to source for dollars.
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