The naira has slightly adjusted against the US dollar in the parallel market, as traders in major cities report mixed buying and selling trends.
As of Sunday, October 26, 2025, the US dollar is selling at ₦1,500 and buying at ₦1,480 in the Lagos black market, according to sources from Bureau De Change (BDC) operators.
Despite ongoing volatility, the Central Bank of Nigeria (CBN) maintains that the black market — also known as the parallel market or Aboki FX — remains unauthorized for foreign exchange dealings. The apex bank advises individuals seeking forex to use their banks or official channels.
Dollar to Naira Exchange Rates – October 26, 2025
| Market Type | Buying Rate | Selling Rate |
|---|---|---|
| Black Market (Aboki FX) | ₦1,480 | ₦1,500 |
| CBN Official Market | ₦1,455 | ₦1,463 |
Rates may vary slightly depending on location and demand at the point of exchange.
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