Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

As of Friday, April 11, 2025, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel Market, commonly known as the black market stood at ₦1620 per... Read more »

No Response, No Refund: GTBank Under Fire For Withholding Customer’s Huge Sum For Over Five Months After Failed Transfer

For five months, Guaranty Trust Bank (GTB) has withheld N134,400 belonging to a Lagos resident who simply wishes to be identified as Oluwadamilola. The sum had been stuck with the bank ever... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

As of Wednesday, April 9, 2025, the exchange rate for the U.S. dollar against the Nigerian naira at the Lagos parallel market, popularly known as the black market or Aboki FX, stands... Read more »

BREAKING: Dangote Refinery Slashes Petrol Price Amid Policy Shifts

The Dangote Petroleum Refinery has reduced the pump price of petrol to ₦865 per litre, a ₦15 drop from the previous rate of ₦880 that was in effect as of Wednesday. This... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

The U.S. dollar exchanged against the Nigerian naira at the Lagos parallel market (commonly known as the black market) today, with Bureau De Change (BDC) operators buying at ₦1,555 and selling at... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

The Nigerian Naira continues to trade against the U.S. Dollar at fluctuating rates across different market segments. In the parallel market, also known as the black market, the dollar was exchanged at... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

As of Monday, April 7, 2025, the U.S. dollar exchanged for the Nigerian naira at the Lagos parallel market (commonly referred to as the black market) at a buying rate of ₦1,555... Read more »

Relief at Last: Food Prices Begin to Drop Across Nigeria Amid Soaring Inflation

In what many Nigerians are welcoming as a breath of fresh air, the cost of staple food items across the country is beginning to decline gradually, offering much-needed relief to households grappling... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

The exchange rate between the US dollar and the Nigerian naira continues to fluctuate amid ongoing economic adjustments. As of Sunday, April 6, 2025, the black market rate commonly referred to as... Read more »

Naira Records Major Drops Against Dollar Week-on-week Amid Trump’s Tariffs

The Nigerian naira experienced a notable decline against the US dollar between March 28 and April 4, 2025, following the announcement of new tariffs by the administration of former US President Donald... Read more »