What is the Dollar to Naira exchange rate at the black market, also known as Aboki FX, today Wednesday , September 24, 2025?

According to information from Bureau De Change (BDC) sources in Lagos, the Dollar to Naira exchange rate in the parallel market stands as follows:

  • Buying Rate: ₦1,535 per $1

  • Selling Rate: ₦1,520 per $1

Meanwhile, at the Central Bank of Nigeria (CBN) official window, the exchange rate for Tuesday shows:

  • Highest Rate: ₦1,495 per $1

  • Lowest Rate: ₦1,482 per $1

It is important to note that the CBN does not recognize the parallel market (black market) and has advised individuals seeking foreign exchange to carry out transactions through their respective banks.

However, many Nigerians continue to rely on the black market due to the scarcity of forex in the official window, which often makes the Aboki FX rate more reflective of real market transactions.