The Dollar to Naira exchange rate at the Nigerian black market, also known as the parallel market (Aboki FX), stood at ₦1,425 per US dollar for selling and ₦1,410 per dollar for buying on Friday, July 10, 2026.
According to sources at the Bureau De Change (BDC) segment of the Lagos parallel market, traders exchanged the US dollar at the following rates:
Black Market Dollar to Naira Exchange Rate (July 10, 2026)
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| US Dollar (USD) | ₦1,410 | ₦1,425 |
Meanwhile, the Central Bank of Nigeria (CBN) official exchange rates for the US dollar ranged between ₦1,375 and ₦1,382.
CBN Dollar to Naira Exchange Rate
| Currency | Lowest Rate | Highest Rate |
| US Dollar (USD) | ₦1,375 | ₦1,382 |
The Central Bank of Nigeria does not recognise the parallel market as an official foreign exchange window. The apex bank has consistently advised individuals and businesses seeking foreign exchange transactions to obtain forex through authorised commercial banks and licensed dealers.
It is important to note that foreign exchange rates may vary across locations and dealers, meaning the buying or selling rate available to customers may differ slightly from the figures quoted above depending on market conditions.