The Naira continued to trade under pressure at the parallel market on Monday, September 8, 2025, as foreign exchange dealers in Lagos quoted the dollar at ₦1,510 (selling) and ₦1,518 (buying).

According to Bureau De Change (BDC) operators, the black market, popularly known as Aboki FX, remains the go-to option for many Nigerians due to limited dollar availability in the official market.

The Central Bank of Nigeria (CBN), however, maintains that it does not recognise the parallel market and urges individuals to source forex through authorised banks and dealers.

Dollar to Naira Black Market Rate Today (September 8, 2025)

  • Buying Rate: ₦1,518

  • Selling Rate: ₦1,510

Dollar to Naira CBN Rate Today

  • Highest Rate: ₦1,529

  • Lowest Rate: ₦1,508

Market watchers say the widening gap between the CBN rate and the parallel market reflects Nigeria’s persistent forex supply challenges.

Disclaimer: Rates may vary depending on location and dealer. Figures quoted are based on Lagos black market sources.