Black Market Frenzy: Dollar Soars to ₦1,610, Sparking Economic Concerns”

Published May 26, 2025 at 6:24 AM

By ireporteronline Staff

What Is the Dollar to Naira Exchange Rate at the Black Market (Aboki FX)?

Below is the black market exchange rate for the US Dollar to Naira as of Saturday, May 25, 2025. These are the rates at which you can exchange your dollars for Naira on the parallel market.

Black Market (Aboki FX) Dollar to Naira Rate Today:

At the Lagos Parallel Market (Black Market), dealers are buying dollars at ₦1,610 and selling at ₦1,614, according to information from Bureau De Change (BDC) sources.

⚠️ Disclaimer: The Central Bank of Nigeria (CBN) does not officially recognize or endorse the black market rates. The CBN advises individuals and businesses seeking foreign exchange to use official banking channels.