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Naira Takes Another Hit Black Market Dollar Exchange Rate Surges Today 6th February 2025
Naira Takes Another Hit Black Market Dollar Exchange Rate Surges Today 6th February 2025
Looking for today’s Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)? Check out the rates for February 6, 2025, below. Here’s what you need to know if you’re planning to exchange dollars for naira.……READ MORE
According to Bureau De Change (BDC) sources, at the Lagos Parallel Market (Black Market), a dollar is being bought for ₦1580 and sold for ₦1590 on Wednesday, February 5, 2025.
The Central Bank of Nigeria (CBN) does not recognize the parallel (black) market. The CBN advises individuals seeking foreign exchange transactions to do so through their respective banks.
| Exchange Type | Buying Rate | Selling Rate |
|---|---|---|
| Black Market (USD/NGN) | ₦1580 | ₦1590 |
| CBN Official Rate (USD/NGN) | ₦1494 | ₦1502 |
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