The value of the Nigerian Naira continues to fluctuate against the U.S. Dollar as traders and individuals monitor movements across both the official and parallel (black) markets.
As of Tuesday, October 7, 2025, the Dollar to Naira exchange rate at the Lagos Parallel Market (Black Market) — popularly known as Aboki FX — shows that a dollar is being sold at ₦1,470 and bought at ₦1,455, according to information from Bureau De Change (BDC) sources.
Dollar to Naira Black Market Rate Today (October 7, 2025)
| Category | Rate (₦) |
|---|---|
| Buying Rate | ₦1,455 |
| Selling Rate | ₦1,470 |
Dollar to Naira CBN Rate Today
At the Central Bank of Nigeria (CBN), the official exchange rate for the U.S. Dollar stands between ₦1,467 (lowest)and ₦1,477 (highest) per dollar.
| Category | Rate (₦) |
|---|---|
| Lowest Rate | ₦1,467 |
| Highest Rate | ₦1,477 |
Important Notice
The Central Bank of Nigeria (CBN) does not recognize the black market (parallel market) for foreign exchange transactions. Nigerians seeking foreign currency are advised to approach authorized dealers or commercial banks for official rates.
Please note that actual buying or selling rates may differ depending on location and market demand.
